Texas Statutes and Rules Pertinent to Life Insurance Only
What mandatory extended free look cancellation window must be provided to a Texas policyholder on a replacement life insurance policy under 28 TAC § 3.1006?
Answer and explanation
Answer: B. 28 TAC § 3.1006 mandates an extended 30-day free look window for replacement policies.Source: 28 TAC Chapter 3 / TDI Replacement Rules — 30-Day Free Look on Replacement
More texas statutes and rules pertinent to life insurance only questions
- Under TIC § 1131.051, what restriction applies to employer group life policies regarding individual selection of insurance amounts?
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- Under TIC § 1131.055, can a credit union issue group life insurance covering its members?
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- What condition must an insured fulfill to reinstate a lapsed life policy under TIC § 1101.009 besides paying back premiums with interest?
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