Texas Insurance Code - Section 463.202. Policies And Contracts Covered
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§ 463.202. POLICIES AND CONTRACTS COVERED. (a) Except as
limited by this chapter, the coverage provided by this chapter to a
person specified by Section 463.201 applies with respect to the
following policies and contracts issued by a member insurer:
(1) a direct, nongroup life, health, accident,
annuity, or supplemental policy or contract;
(2) a certificate under a direct group policy or
contract;
(3) a group hospital service contract; and
(4) an unallocated annuity contract.
(b) The coverage provided by this chapter also applies with
respect to all other insurance coverage written by the following
entities authorized to engage in business in this state:
(1) a mutual assessment company;
(2) a local mutual aid association;
(3) a statewide mutual assessment company; and
(4) a stipulated premium company.
(c) For the purposes of this section, an annuity contract or
a certificate under a group annuity contract includes:
(1) a guaranteed investment contract;
(2) a deposit administration contract;
(3) an allocated or unallocated funding agreement;
(4) a structured settlement agreement;
(5) a lottery contract; and
(6) an immediate or deferred annuity contract.
Added by Acts 2005, 79th Leg., ch. 727, § 1, eff. April 1, 2007.
Section: 463.158 463.159 463.160 463.161 463.162 463.163 463.201 463.202 463.203 463.204 463.205 463.251 463.252 463.253 463.254
Last modified: August 11, 2007
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