Texas Statutes and Rules Common to Life and Health Insurance
Under Texas law, to whom may a fraternal benefit society issue life insurance certificates?
Answer and explanation
Answer: D. A fraternal issues certificates of membership rather than ordinary policies, and coverage is confined to members and those eligible for membership under the society's laws.Source: Texas Insurance Code — Tex. Ins. Code ch. 885, membership and benefit certificates
More texas statutes and rules common to life and health insurance questions
- Which feature identifies a fraternal benefit society under Texas law?
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