Texas § IN.884.354 - LIFE INSURANCE POLICY FORMS
Full text of Texas The Texas Constitution § IN.884.354 — LIFE INSURANCE POLICY FORMS, with citation guidance and answers to common questions.
§ IN.884.354. LIFE INSURANCE POLICY FORMS
LIFE INSURANCE POLICY FORMS; INCONTESTABILITY. (a) Each life insurance policy issued by a stipulated premium company must state on the front page: (1) the amount of death benefit to be paid; and (2) the circumstances or conditions under which the benefit is to be paid. (b) Each condition of a life insurance policy must be stated in the policy. (c) A life insurance policy must provide that a policy in force for two years becomes incontestable, except for nonpayment of premiums, on the second anniversary of the date of issuance, if the insured does not die before that date. (d) A life insurance policy 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 premium rates in effect when the insured dies. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Frequently Asked Questions About Texas § IN.884.354
What does The Texas Constitution § IN.884.354 cover?
Section IN.884.354 ("LIFE INSURANCE POLICY FORMS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.884.354?
A common citation format is "The Texas Constitution § IN.884.354" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.884.354 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.