§ 1105.001 Short Title
§ 1105.0015 Definition
§ 1105.002 Applicability of Chapter
§ 1105.003 Exemptions
§ 1105.004 Required Nonforfeiture Provisions
§ 1105.005 Computation of Adjusted Premiums and Present Values; Mortality Tables and Interest Rates
§ 1105.006 Determination of Rated Age
§ 1105.007 Computation of Cash Surrender Value Following Default
§ 1105.008 Computation of Cash Surrender Value On Surrender Following Policy Anniversary
§ 1105.009 Computation of Paid-Up Nonforfeiture Benefits
§ 1105.010 Proration of Values; Net Value of Paid-Up Additions
§ 1105.011 Inclusion of Certain Additional Benefits in Computing Nonforfeiture Benefits Not Required
§ 1105.012 Progression of Cash Surrender Values
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Terms Used In Texas Insurance Code Chapter 1105 > Subchapter A - General Provisions

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Contract: A legal written agreement that becomes binding when signed.
  • Effects: includes all personal property and all interest in that property. See Texas Government Code 312.011
  • 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
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
  • Year: means 12 consecutive months. See Texas Government Code 311.005