Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1201.108 - Format and Content of Outline of Coverage(a) In this section, "format" means style, arrangement, and overall appearance, including: (1) the size, color, and prominence of type; and(2) the arrangement of text and captions.(b) The commissioner shall prescribe the format and content of an outline of coverage required by Section 1201.107.(c) An outline of coverage must include:(1) a statement that identifies the applicable categories of coverage listed by Section 1201.104 and provided by the policy;(2) a description of the principal benefits and coverage provided by the policy;(3) a statement of the exceptions, reductions, and limitations in the policy;(4) a statement of the renewal provision, including any reservation of the insurer's right to change premiums;(5) a statement that: (A) the outline is a summary of the policy issued or applied for; and(B) the policy should be consulted to determine governing contractual provisions;(6) as the commissioner determines necessary to carry out the purposes of this chapter, a summary of the provisions required by Subchapter E to be in the policy; and(7) any other statement, description, or outline that the commissioner determines is reasonably necessary to carry out the purposes of this chapter.Tex. Ins. Code § 1201.108
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. 4/1/2005.