Sec. 884.305. PREMIUMS ON LIFE INSURANCE POLICIES. The premiums charged on a life insurance policy issued by a stipulated premium company may not be less than the renewal net premium computed under the reserve standard adopted by the stipulated premium company and approved by the department.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle E - Mutual and Fraternal Companies and Related Entities
Chapter 884 - Stipulated Premium Insurance Companies
Subchapter G. Powers and Duties Relating to Coverages
Section 884.301. Reinsurance of Policy
Section 884.302. Limits on Life Insurance
Section 884.303. Issuance of Life Insurance Policies by Certain Companies
Section 884.304. Life Insurance of More Than $25,000
Section 884.305. Premiums on Life Insurance Policies
Section 884.306. Life Insurance Contract
Section 884.307. Issuance of Annuity Contract
Section 884.308. Limits on Amount of Accident and Health Insurance Policies