Sec. 1106.009. DISCLOSURE. (a) Each insurer shall disclose fully to each policyholder or insured the requirements of this chapter.
(b) As to a policy to which this chapter applies that was issued on or after September 1, 1995, an insurer may make the disclosure required by Subsection (a):
(1) not later than the 90th day after the date the policy lapses; or
(2) by including the disclosure information in the policy or in an endorsement attached to the policy.
(c) As to a policy to which this chapter applies that was issued before September 1, 1995, and for which the insurer did not make the required disclosure on or before November 30, 1995, the insurer shall make the disclosure required by Subsection (a) not later than the 90th day after the date the policy lapses.
(d) Notice is considered to comply with Subsection (b) or (c) if the notice is mailed by first class mail to the last known address of the policyholder.
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 1106 - Reinstatement of Certain Life Insurance Policies
Section 1106.001. Applicability of Chapter
Section 1106.002. Reinstatement Required; Exception
Section 1106.003. Mental Incapacity Defined
Section 1106.004. Diagnosis of Mental Incapacity Required
Section 1106.005. Request for Reinstatement; Limitation
Section 1106.006. Reinstatement
Section 1106.007. Effect of Reinstatement