Sec. 1101.012. TABLE OF INSTALLMENTS OF PROCEEDS. A life insurance policy that provides that the policy proceeds are payable in installments must include a table that shows the amount of the installments.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Structure Texas Statutes
Title 7 - Life Insurance and Annuities
Subtitle A - Life Insurance in General
Subchapter A. Required Policy Provisions
Section 1101.001. Applicability of Subchapter
Section 1101.002. Policy Provisions Required
Section 1101.003. Entire Contract
Section 1101.004. Premiums Payable in Advance
Section 1101.005. Grace Period
Section 1101.006. Incontestability
Section 1101.007. Statements of Insured
Section 1101.008. Adjustment of Amount Payable if Age of Insured Is Understated
Section 1101.009. Policy Loans
Section 1101.010. Nonforfeiture Benefits and Cash Surrender Values in General
Section 1101.011. Time for Settlement of Claim
Section 1101.012. Table of Installments of Proceeds
Section 1101.013. Statement of Maximum Amount Payable Under Family Group Life Insurance Policy