Tex. Ins. Code § 4054.052

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 4054.052 - Combination Life Insurance Agent

(a) In this section, a "combination company" means an insurer that writes weekly premium life insurance or monthly ordinary life insurance on a debit basis.

(b) A person may not act as a combination life insurance agent for a combination company unless the person holds a general life, accident, and health license or a life agent license.

(c) A combination company and a combination life insurance agent may also write ordinary life insurance contracts.

Tex. Ins. Code § 4054.052

Amended By Acts 2007, 80th Leg., R.S., Ch. 548, Sec. 2.28, eff. 9/1/2007.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 7, eff. 4/1/2005.