Texas Insurance Code
§ 887.255 — LIFE INSURANCE BENEFIT REDUCTIONS AND EXCLUSIONS
IN § 887.255Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 887. PROVISIONS APPLICABLE TO CERTAIN MUTUAL ASSESSMENT COMPANIES · Art. F. CONTENTS OF APPLICATIONS AND INSURANCE CERTIFICATES
Statute text
View on source(a)An association may, with the commissioner's approval, issue an insurance certificate that provides for:
(1)reduced benefits if the insured:
(A)dies or is injured while engaged in:
(i)military, naval, or aerial service or aerial flight during peace or war; or
(ii)a hazardous occupation specified in the certificate;
(B)dies by the insured's own hand, regardless of whether the insured was sane or insane; or
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Legislative history
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.