Texas Insurance Code § 1101.006 Incontestability

Sec. 1101.006. INCONTESTABILITY. (a) Except as provided by Subsection (b), a life insurance policy must provide that a policy in force for two years from its date of issue during the lifetime of the insured is incontestable, except for nonpayment of premiums.

(b) At the option of the company, a life insurance policy may provide that the policy may be contested at any time for violation of policy conditions relating to naval and military service in a time of war.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.

Section: Previous  1101.001  1101.002  1101.003  1101.004  1101.005  1101.006  1101.007  1101.008  1101.009  1101.010  1101.011  1101.012  1101.013  1101.051  1101.052  Next

Last modified: September 28, 2016