Texas Insurance Code

§ 1114.002 — GENERAL DEFINITIONS

IN § 1114.002Title 7. LIFE INSURANCE AND ANNUITIES · Part A. LIFE INSURANCE IN GENERAL · Ch. 1114. REPLACEMENT OF CERTAIN LIFE INSURANCE POLICIES AND ANNUITIES · Art. A. GENERAL PROVISIONS

Statute text

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In this chapter:

(1)"Agent" means an individual who holds a license under Chapter 4054 and who sells, solicits, or negotiates life insurance or annuities in this state.

(2)"Direct-response solicitation" means a solicitation made:

(A)by a sponsoring or endorsing entity or individually; and

(B)solely through mails, telephone, the Internet, or other mass communication media.

(3)"Existing insurer" means the insurer, the policy or contract of which is or will be changed or affected by a replacement.

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Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 904 (H.B. 2762), Sec. 1, eff. September 1, 2007.