Tex. Insurance Code § 1153.151
This is the official text of Tex. Insurance Code § 1153.151, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 1153.151. FORMS OF CREDIT LIFE INSURANCE.
Official statutory text
Credit life insurance may be issued only as:
(1) an individual policy of life insurance issued to a debtor on a term plan; or
(2) a group policy of life insurance issued to a creditor on a term plan providing insurance on the lives of debtors.
(1) an individual policy of life insurance issued to a debtor on a term plan; or
(2) a group policy of life insurance issued to a creditor on a term plan providing insurance on the lives of debtors.
Status: in_force · Read it on the official government site
Need a lawyer in Texas?
Find a Texas lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.