Sec. 1201.010. THIRD-PARTY OWNERSHIP OF POLICY. The use of "insured" in this chapter does not prevent a person with an insurable interest, other than the insured, from:
(1) applying for and owning an individual accident and health insurance policy covering the insured; or
(2) being entitled to an indemnity, right, or benefit provided for in an individual accident and health insurance policy covering the insured.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.
Structure Texas Statutes
Title 8 - Health Insurance and Other Health Coverages
Subtitle A - Health Coverage in General
Chapter 1201 - Accident and Health Insurance
Subchapter A. General Provisions
Section 1201.003. Applicability of Chapter
Section 1201.004. Construction of Chapter
Section 1201.005. References to Chapter
Section 1201.006. Rulemaking Authority
Section 1201.007. Notice and Hearing
Section 1201.008. Judicial Review
Section 1201.009. Nonconforming Policy
Section 1201.010. Third-Party Ownership of Policy
Section 1201.012. Defense of Claim
Section 1201.013. Programs Promoting Disease Prevention, Wellness, and Health