Tex. Insurance Code § 1201.010
This is the official text of Tex. Insurance Code § 1201.010, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 1201.010. THIRD-PARTY OWNERSHIP OF POLICY.
Official statutory text
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.
(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.
Status: in_force · Read it on the official government site
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