§ 1151.051 Policy Title
§ 1151.052 Entire Contract
§ 1151.053 Agent Unauthorized to Waive or Change Terms
§ 1151.054 Statement Made by or On Behalf of Insured
§ 1151.055 Incontestability of Policy
§ 1151.056 Adjustment of Amount Payable If Age of Insured Is Misstated
§ 1151.057 Grace Period
§ 1151.058 Nonforfeiture Benefits and Cash Surrender Values in General
§ 1151.059 Surplus
§ 1151.060 Claim Based On Death of Insured
§ 1151.061 Reinstatement of Policy
§ 1151.062 Exception for Policies Issued or Granted Under Certain Nonforfeiture Provisions
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Terms Used In Texas Insurance Code Chapter 1151 > Subchapter B - Required Policy Provisions

  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • 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
  • 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.
  • Week: means seven consecutive days. See Texas Government Code 311.005