Sec. 1105.057. REFILING OF POLICY PROVISIONS NOT REQUIRED. Notwithstanding any provision of this code to the contrary, as to a policy to which this subchapter applies, a refiling of nonforfeiture values or of the method of computing nonforfeiture values for a previously approved policy form that involves only a change in the interest rate or mortality table used to compute nonforfeiture values does not require refiling of any provision of the policy form.
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
Chapter 1105 - Standard Nonforfeiture Law for Life Insurance
Subchapter B. Computation of Adjusted Premiums Using Nonforfeiture Net Level Premium Method
Section 1105.051. Applicability of Subchapter
Section 1105.052. Computation of Adjusted Premiums Using Nonforfeiture Net Level Premium Method
Section 1105.053. Computation of Amounts for Policy With Changing Benefits or Premiums
Section 1105.054. Computation of Amounts for Policy Issued on Substandard Basis
Section 1105.056. Nonforfeiture Interest Rate
Section 1105.057. Refiling of Policy Provisions Not Required