Texas Insurance Code Chapter 1101 > Subchapter A – Required Policy Provisions


§ 1101.001	Applicability of Subchapter
§ 1101.002	Policy Provisions Required
§ 1101.003	Entire Contract
§ 1101.004	Premiums Payable in Advance
§ 1101.005	Grace Period
§ 1101.006	Incontestability
§ 1101.007	Statements of Insured
§ 1101.008	Adjustment of Amount Payable If Age of Insured Is Understated
§ 1101.009	Policy Loans
§ 1101.010	Nonforfeiture Benefits and Cash Surrender Values in General
§ 1101.011	Time for Settlement of Claim
§ 1101.012	Table of Installments of Proceeds
§ 1101.013	Statement of Maximum Amount Payable Under Family Group Life Insurance Policy

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Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Contract: A legal written agreement that becomes binding when signed.
Fraud: Intentional deception resulting in injury to another.
Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. ^{Source: Federal Reserve}
Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}
Month: means a calendar month. See Texas Government Code 312.011
Rule: includes regulation. See Texas Government Code 311.005
Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
Signed: includes any symbol executed or adopted by a person with present intention to authenticate a writing. See Texas Government Code 311.005
Year: means 12 consecutive months. See Texas Government Code 311.005

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