Texas Insurance Code

§ 1103.151 — FORFEITURE

IN § 1103.151Title 7. LIFE INSURANCE AND ANNUITIES · Part A. LIFE INSURANCE IN GENERAL · Ch. 1103. LIFE INSURANCE POLICY BENEFICIARIES · Art. D. FORFEITURE OF BENEFICIARY'S RIGHTS

Statute text

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A beneficiary of a life insurance policy or contract forfeits the beneficiary's interest in the policy or contract if the beneficiary is a principal or an accomplice in wilfully bringing about the death of the insured.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.