Sec. 1151.001. DEFINITION. In this chapter, "industrial life insurance" means life insurance under which the premiums are payable:
(1) weekly; or
(2) less often than weekly but at least monthly, if the face amount of insurance coverage provided by the policy is $1,000 or less.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Section: 1151.001 1151.002 1151.003 1151.004 1151.005 1151.051 1151.052 1151.053 1151.054 1151.055 1151.056 1151.057 1151.058 1151.059 1151.060 NextLast modified: September 28, 2016