Sec. 541.086. ADVERTISING REGARDING GUARANTEED RENEWABLE COVERAGE. (a) An advertisement for a guaranteed renewable accident and health insurance policy must include, in a prominent place, a statement indicating that rates for the policy may change if the advertisement suggests or implies that rates for the product will not change.
(b) If an advertisement is required to include the statement described by Subsection (a), the statement must generally identify the manner in which rates may change, such as by age, by health status, by class, or through application of other general criteria.
Added by Acts 2007, 80th Leg., R.S., Ch. 475 (H.B. 2251), Sec. 1, eff. September 1, 2007.
Structure Texas Statutes
Title 5 - Protection of Consumer Interests
Subtitle C - Deceptive, Unfair, and Prohibited Practices
Chapter 541 - Unfair Methods of Competition and Unfair or Deceptive Acts or Practices
Subchapter B. -1. Advertising Requirements
Section 541.082. Advertising and Internet Websites
Section 541.083. Advertisements to Certain Associations
Section 541.084. Advertisements Relating to Medicare Program
Section 541.085. Advertisements Relating to Preferred Provider Benefit Plans
Section 541.086. Advertising Regarding Guaranteed Renewable Coverage
Section 541.087. Advertisements Exempt From Filing Requirements