§ 1151.151 Extended Term or Paid-Up Insurance for Certain Policies
§ 1151.152 Provisions Concerning Stipulated Form of Insurance or Specified Cash Surrender Value in Certain Policies
§ 1151.153 Computation of Net Value of Stipulated Form of Insurance or Specified Cash Surrender Value
§ 1151.154 Surrender of Policy for Specified Cash Surrender Value
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Terms Used In Texas Insurance Code Chapter 1151 > Subchapter D - Rights of Insured Under Certain Older Policies

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • 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
  • in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
  • 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