Texas Insurance Code

§ 1114.057 — DISCLOSURE OF AVAILABILITY OF WAIVER OF SURRENDER CHARGES

IN § 1114.057Title 7. LIFE INSURANCE AND ANNUITIES · Part A. LIFE INSURANCE IN GENERAL · Ch. 1114. REPLACEMENT OF CERTAIN LIFE INSURANCE POLICIES AND ANNUITIES · Art. B. DUTIES OF INSURERS AND AGENTS

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An insurer that offers to waive surrender charges as described by Section 1702.104(4) shall provide reasonable notice of that offer to the insurer's prospective or current contract holders. The notice may be provided by any available means, including a disclosure document or by display on a link that is prominently placed on the insurer's Internet website. Added by Acts 2011, 82nd Leg., R.S., Ch. 1156 (H.B. 2277), Sec. 5, eff. September 1, 2011. Amended by:

Legislative history

Acts 2025, 89th Leg., R.S., Ch. 581 (H.B. 2221), Sec. 5, eff. September 1, 2025.