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Home > Title 28 > Part 1 > Chapter 4 >Subchapter F > Rule 4.617
TITLE 28 - INSURANCE
PART 1 - TEXAS DEPARTMENT OF INSURANCE
CHAPTER 4 - LIFE AND ANNUITY
SUBCHAPTER F - INDIVIDUAL LIFE INSURANCE POLICY FORM CHECKLIST AND AFFIRMATIVE REQUIREMENTS
SECTION/RULE §4.617 - Preliminary Term Life Insurance

The following requirements apply to a contract of life insurance containing a preliminary term insurance rider:(1) a grace period must be allowed for payment of the first premium due on the principal policy; and(2) the date of commencement of the preliminary term insurance, which is the date of inception of the contract as a whole, must be used to measure the period of contestability and suicide.

Source Note: The provisions of this §4.617 adopted to be effective September 20, 1982, 7 TexReg 3244; transferred effective September 1, 2023, as published in the July 28, 2023, issue of the Texas Register, 48 TexReg 4127; amended to be effective January 24, 2024, 49 TexReg 250.

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