28 Tex. Admin. Code § 4.1103 - Required Policy Definitions; Evidence of Total and Permanent Disability
(a) Acceleration-of-life-insurance benefits,
and the illness, condition, care, or confinement necessary to evidence that the
insured has a long-term care illness, specified disease, or terminal illness,
must be clearly defined in the life insurance contract consistently with this
subchapter.
(b) Such illness,
condition, care, or confinement is evidence of total and permanent disability
for purposes of meeting the standards for providing
acceleration-of-life-insurance benefits set forth in Insurance Code §
1111.052, concerning
Authority to Pay Accelerated Term Life Benefits, and §1201.003, concerning
Applicability of Chapter, and §
4.1102 of this title (relating to
Acceleration-of-Life-Insurance: Scope of Benefits).
Notes
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