Tex. Ins. Code Section 1202.001
Continuous Policies

(a)

A guaranteed renewable insurance policy or a noncancellable insurance policy is considered to be a continuous policy, subject only to the policy terms and conditions, including payment of the policy premium.

(b)

A guaranteed renewable insurance policy or a noncancellable insurance policy:

(1)

is continued in effect by the payment of the policy premium in accordance with the policy terms and conditions; and

(2)

may not be considered or treated as a renewed policy by the payment of the policy premium.

(c)

This section does not apply to a small employer health benefit plan adopted in accordance with Chapter 1501 (Health Insurance Portability and Availability Act).
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.

Source: Section 1202.001 — Continuous Policies, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1202.­htm#1202.­001 (accessed May 11, 2024).

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Accessed:
May 11, 2024

§ 1202.001’s source at texas​.gov