Tex. Insurance Code § 887.305
This is the official text of Tex. Insurance Code § 887.305, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 887.305. EXPENSE LOADING ON CERTAIN INSURANCE CERTIFICATES.
Official statutory text
If an association increases a life insurance assessment rate at any age other than at age of issue, the expense loading on the new assessments may not, on 50 years of age or greater, exceed 25 percent of the gross assessment charged, unless an additional expense loading is approved by the commissioner as reasonable and necessary.
Status: in_force · Read it on the official government site
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