Tex. Ins. Code Section 1106.008
Reduction in Benefits


If there is an uncontroverted claim for benefits in an amount that exceeds the amount of premiums and interest owed and unpaid under a policy that is eligible for reinstatement under this chapter, the insurer shall pay the amount of benefits owed reduced by the amount of premiums and interest owed and unpaid on the date the benefits are paid.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.

Source: Section 1106.008 — Reduction in Benefits, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1106.­htm#1106.­008 (accessed May 11, 2024).

Accessed:
May 11, 2024

§ 1106.008’s source at texas​.gov