Tex. Ins. Code § 1101.206

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

Section 1101.206 - Annual Illustration

Regardless of whether any non-guaranteed charges are changed, an insurer that issues a policy subject to this subchapter must offer to provide to the policy owner at least annually an in-force illustration. If the insurer has changed any non-guaranteed charges or the credited interest rate, the insurer must offer the illustration at no charge.

Tex. Ins. Code § 1101.206

Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 1026,Sec. 1, eff. 9/1/2019, applicable only to a decrease in a credited interest rate applied to an insurance policy on or after January 1, 2021.