SECTION 3.1730. Health Status Verification

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(a) Who can verify health status. Only a licensed life settlement broker, licensed life settlement provider, or authorized representative of a licensed life settlement broker or licensed life settlement provider may contact an insured to determine the insured's health status or to verify the insured's address.
(b) Written delegation. An authorized representative must have a written authorization from a licensed life settlement broker or provider to be an authorized representative. An authorized representative must agree in writing to adhere to the privacy provisions in Insurance Code Chapter 1111A.

Source Note: The provisions of this §3.1730 adopted to be effective August 1, 2013, 38 TexReg 4357

                    
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