Texas Statutes and Rules Common to Life and Health Insurance
Why does Texas require agents to keep a current address on file with the Department?
Answer and explanation
Answer: A. Service of official communications depends on the address of record. An agent who fails to update it may miss a notice and still be bound by it.Source: Texas Insurance Code — Tex. Ins. Code ch. 4001, departmental notices and the address of record
More texas statutes and rules common to life and health insurance questions
- An individual holds an active home-state life-agent license in good standing with the required authority. Which Texas license should the individual apply for to act as a life agent in Texas while remaining a resident of the home state?
- An insurance company is incorporated under the laws of the State of Texas. From the Texas point of view, how is it classified?
- An insurer refuses to respond to a lawful TDI directive about its Texas insurance business. Which Commissioner power is most directly involved?
- An insurer violates a claim-settlement cease-and-desist order and refuses to correct the practice. Which Commissioner response is authorized under the claim-settlement enforcement statute?
- An insurer's certificate of authority is revoked, and it continues to accept premiums from Texas consumers. How are the policies it already issued treated?
- An out-of-state company with no Texas certificate of authority mails life insurance solicitations to Texas residents and collects premiums. How does Texas law treat this?
590 Texas questions like this one.
Every answer explained, the ones you miss come back on a spaced schedule, and a plan built from your exam date.