SECTION 21.2203. Applicability and Scope  


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  • This Subchapter applies to all group and individual life insurance policies and certificates except:

    (1) variable life insurance;

    (2) individual and group annuity contracts;

    (3) credit life insurance; or

    (4) life insurance policies with no illustrated death benefits on any individual exceeding $10,000.

Source Note: The provisions of this §21.2203 adopted to be effective September 29, 1998, 23 TexReg 9753.