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TITLE 28 - INSURANCE
PART 1 - TEXAS DEPARTMENT OF INSURANCE
CHAPTER 3 - LIFE, ACCIDENT, AND HEALTH INSURANCE AND ANNUITIES
SUBCHAPTER R - LIFE SETTLEMENT
SECTION/RULE §3.1703 - Definitions
Chapter Review Date 05/06/2022

In this subchapter, the following terms have the meanings assigned by Insurance Code §1111A.002, unless the context clearly indicates otherwise:(1) advertisement;(2) broker;(3) business of life settlements;(4) insured;(5) life expectancy;(6) life insurance agent;(7) life settlement contract;(8) net death benefit;(9) owner;(10) person;(11) policy;(12) premium finance loan;(13) provider;(14) purchaser; and(15) settled policy.

Source Note: The provisions of this §3.1703 adopted to be effective August 1, 2013, 38 TexReg 4357.

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