SECTION 3.1726. Life Expectancy Estimators

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(a) Insurance Code §§1111A.003(p), 1111A.012, and 1111A.014(l) and (m) do not apply to a life settlement broker who acts solely as a life expectancy estimator.
(b) A life settlement broker or life insurance agent who solely performs estimates of life expectancy must indicate on the License Application for a Life Settlement Provider or Broker form; the Application for Renewal, Surrender, or Change of Information for a Life Settlement Provider or Broker form; or the Life Agent Notification to TDI to Act as a Life Settlement Broker form, as applicable, that the broker or life insurance agent will act solely as a life expectancy estimator.

Source Note: The provisions of this §3.1726 adopted to be effective August 1, 2013, 38 TexReg 4357

                    
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