Insurance Code § 884.302 — United States — Texas law | Esheria

Insurance Code § 884.302

A stipulated premium company cannot insure one life above stated limits until its surplus reaches $50,000, unless it reinsures the excess; if surplus is between $50,000 and $200,000, it must reinsure amounts over $15,000.

Jurisdiction
United States — Texas
Instrument
Code
Version
Undated source snapshot
Language
en
Official source
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life insurance limits reinsurance surplus requirements

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