Insurance Code § 884.303
Certain stipulated premium companies may issue life insurance policies if they meet a $100,000 capital-and-surplus threshold, but they cannot insure one life for over $25,000 except as allowed elsewhere; policies are limited to endowment or limited pay forms and must be reserved and reinsured as required under Chapter
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
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Statute overview
About this statute
Certain stipulated premium companies may issue life insurance policies if they meet a $100,000 capital-and-surplus threshold, but they cannot insure one life for over $25,000 except as allowed elsewhere; policies are limited to endowment or limited pay forms and must be reserved and reinsured as required under Chapter 841.
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Insurance Code § 884.303
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