Texas § 463.202 POLICIES AND CONTRACTS COVERED.

Texas Statutes

§ 463.202 — POLICIES AND CONTRACTS COVERED.

Texas § 463.202

Code INInsurance Code

This text of Texas § 463.202 (POLICIES AND CONTRACTS COVERED.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 463.202 (2026).

Text

Sec. 463.202. POLICIES AND CONTRACTS COVERED.

(a)Except as limited by this chapter, the coverage provided by this chapter to a person specified by Section 463.201 , subject to Sections 463.201 (b) and (c), applies with respect to the following policies and contracts issued by a member insurer:

(1)a direct, nongroup life, health, accident, annuity, or supplemental policy or contract, including a health maintenance organization contract or certificate;

(2)a certificate under a direct group policy or contract;

(3)a group hospital service contract; and

(4)an unallocated annuity contract.

(b)The coverage provided by this chapter also applies with respect to all other insurance coverage written by the following entities authorized to engage in business in this state:

(1)a mutual assessmen

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Sec. 463.202. POLICIES AND CONTRACTS COVERED. (a) Except as limited by this chapter, the coverage provided by this chapter to a person specified by Section 463.201 , subject to Sections 463.201 (b) and (c), applies with respect to the following policies and contracts issued by a member insurer:
(1) a direct, nongroup life, health, accident, annuity, or supplemental policy or contract, including a health maintenance organization contract or certificate;
(2) a certificate under a direct group policy or contract;
(3) a group hospital service contract; and
(4) an unallocated annuity contract.
(b) The coverage provided by this chapter also applies with respect to all other insurance coverage written by the following entities authorized to engage in business in this state:
(1) a mutual assessment company;
(2) a local mutual aid association;
(3) a statewide mutual assessment company; and
(4) a stipulated premium company.
(c) For the purposes of this section, an annuity contract or a certificate under a group annuity contract includes:
(1) a guaranteed investment contract;
(2) a deposit administration contract;
(3) an allocated or unallocated funding agreement;
(4) a structured settlement annuity;
(5) an annuity issued to or in connection with a government lottery; and
(6) an immediate or deferred annuity contract.

Legislative History

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 1, eff. April 1, 2007. Amended by: Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636 ), Sec. 3B.018(b), eff. September 1, 2007. Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167 ), Sec. 9.018(b), eff. September 1, 2007. Acts 2019, 86th Leg., R.S., Ch. 432 (S.B. 1153 ), Sec. 13, eff. September 1, 2019.