Texas Statutes and Rules Pertinent to Life Insurance Only
A Texas life policy sets a period within which suit must be brought on a claim. What does the Insurance Code require of that period?
Answer and explanation
Answer: C. Texas permits a contractual limitation on suits but sets a statutory floor. A provision purporting to shorten the time below that floor is unenforceable against the claimant.Source: Texas Insurance Code — Tex. Ins. Code ch. 1101, limitation of actions on the policy
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