GUARANTEEING ISSUANCE OF LIFE INSURANCE POLICY WITHOUT EVIDENCE OF INSURABILITY.

Tex. INS Code § 1131.005.
in effect
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(a) In this section, "qualified pension or profit-sharing plan" means a plan that meets the requirements of: (1) Section 401 or 403, Internal Revenue Code of 1986, and their subsequent amendments; or (2) any corresponding provisions of prior or subsequent United States revenue laws. (b) This code does not prohibit a life insurance company authorized to engage in the business of insurance in this state from guaranteeing to issue individual life insurance policies insuring participants in a qualified pension or profit-sharing plan on other than the term plan without evidence of insurability. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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