28 Tex. Admin. Code § 3.118 - Conversion Provision
A conversion provision in a policy must comply with the following:
(1) the conversion
provision shall state the plan and face amount of the new policy;
(2) the text of the provision shall state
what premium rates will apply to the new policy;
(3) the text of the provision shall discuss
the settlement of cash values under the original contract if the policy is
converted on a date other than the expiry date;
(4) the provision shall specify that evidence
of insurability is not required.
Notes
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