Texas Insurance Code - Section 501.204. Assessment On Life, Health, And Accident Insurers And Related Entities
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§ 501.204. ASSESSMENT ON LIFE, HEALTH, AND ACCIDENT
INSURERS AND RELATED ENTITIES. (a) This section applies to each
insurer authorized to engage in business in this state under:
(1) Chapter 25;
(2) Chapter 841;
(3) Chapter 842;
(4) Chapter 843;
(5) Chapter 882;
(6) Chapter 884;
(7) Chapter 885;
(8) Chapter 887;
(9) Chapter 888;
(10) Chapter 961;
(11) Chapter 982;
(12) Subchapter B, Chapter 1103;
(13) Subchapter A, Chapter 1104;
(14) Chapter 1201, or a provision listed in Section
1201.005;
(15) Chapter 1551;
(16) Chapter 1578; or
(17) Chapter 1601.
(b) Each insurer subject to this section shall pay an annual
assessment of 5.7 cents for each individual policy, and for each
certificate of insurance evidencing coverage under a group policy,
of life, health, or accident insurance that is written for delivery
and placed in force in this state during each calendar year and for
which the initial premium is paid in full.
Added by Acts 2003, 78th Leg., ch. 1274, § 2, eff. April 1, 2005.
Section: 501.156 501.157 501.158 501.159 501.201 501.202 501.203 501.204 501.205 501.251 501.252 501.253 501.254 521.001 521.002
Last modified: August 10, 2007
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