Tex. Insurance Code § 887.253
This is the official text of Tex. Insurance Code § 887.253, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 887.253. LIFE INSURANCE CERTIFICATE FORMS.
Official statutory text
(a) A life insurance certificate issued by an association must include:
(1) on the front page of the certificate, a definitive statement of the amount of the death benefit to be paid; and
(2) a plain statement of the circumstances or conditions under which the benefit is to be paid.
(b) A life insurance certificate must provide that if the age of the insured is misstated, the amount of insurance is the amount that the premium paid would have purchased if the age had been stated correctly, based on rates in effect when the insured dies.
(1) on the front page of the certificate, a definitive statement of the amount of the death benefit to be paid; and
(2) a plain statement of the circumstances or conditions under which the benefit is to be paid.
(b) A life insurance certificate must provide that if the age of the insured is misstated, the amount of insurance is the amount that the premium paid would have purchased if the age had been stated correctly, based on rates in effect when the insured dies.
Status: in_force · Read it on the official government site
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