Texas Statutes and Rules Pertinent to Life Insurance Only
Which transaction is EXEMPT from Texas replacement regulations under 28 TAC § 3.1003?
Answer and explanation
Answer: C. 28 TAC § 3.1003 exempts group life policies, tax-deferred annuities, and term policy conversions from replacement rules.Source: 28 TAC Chapter 3 / TDI Replacement Rules — Replacement Exemptions
More texas statutes and rules pertinent to life insurance only questions
- Under Texas Insurance Code § 1103.003, who possesses the legal right to designate or change beneficiaries on a life policy unless an irrevocable beneficiary is named?
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