Texas § 884.354 LIFE INSURANCE POLICY FORMS; INCONTESTABILITY.

Texas Statutes

§ 884.354 — LIFE INSURANCE POLICY FORMS; INCONTESTABILITY.

Texas § 884.354

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This text of Texas § 884.354 (LIFE INSURANCE POLICY FORMS; INCONTESTABILITY.) 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.

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Tex. Insurance Code Code Ann. § 884.354 (2026).

Text

Sec. 884.354. LIFE INSURANCE POLICY FORMS; INCONTESTABILITY.

(a)Each life insurance policy issued by a stipulated premium company must state on the front page:

(1)the amount of death benefit to be paid; and

(2)the circumstances or conditions under which the benefit is to be paid.

(b)Each condition of a life insurance policy must be stated in the policy.

(c)A life insurance policy must provide that a policy in force for two years becomes incontestable, except for nonpayment of premiums, on the second anniversary of the date of issuance, if the insured does not die before that date.

(d)A life insurance policy must provide that if the age of the insured is misstated, the amount of insurance is the amount that the premium paid would have purchased if the age had been stated correctly, ba

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Sec. 884.354. LIFE INSURANCE POLICY FORMS; INCONTESTABILITY. (a) Each life insurance policy issued by a stipulated premium company must state on the front page:
(1) the amount of death benefit to be paid; and
(2) the circumstances or conditions under which the benefit is to be paid.
(b) Each condition of a life insurance policy must be stated in the policy.
(c) A life insurance policy must provide that a policy in force for two years becomes incontestable, except for nonpayment of premiums, on the second anniversary of the date of issuance, if the insured does not die before that date.
(d) A life insurance policy must provide that if the age of the insured is misstated, the amount of insurance is the amount that the premium paid would have purchased if the age had been stated correctly, based on premium rates in effect when the insured dies.