Texas Life and Health Insurance

Which Texas authority primarily regulates insurance companies and licensed insurance agents under state insurance law?

What does an insurer's Texas certificate of authority generally establish?

An insurance company is organized under Oklahoma law and is authorized to transact insurance in Texas. Relative to Texas, how is the company classified?

Which ownership distinction between a stock insurer and a mutual insurer is generally correct?

A Texas resident passes the General Lines Life, Accident and Health exam but has not completed the licensing process. What should the applicant understand?

For a Texas General Lines Life, Accident, Health and HMO licensee subject to the ordinary continuing education requirement without an exemption, how many CE hours are required each two-year term?

For an ordinary Texas general lines renewal term expiring in 2026, which CE allocation meets the minimum ethics and classroom or classroom-equivalent requirements within the 24-hour total?

A Texas insurance agent changes the business address and email used for licensing records. What should the agent do?

A Texas producer presents a nonguaranteed life policy illustration as a guaranteed promise of future cash values. What is the primary market-conduct concern?

A Texas agent offers an applicant a private return of part of the commission as an inducement to buy life insurance, outside the policy and without an applicable legal exception. What prohibited practice is implicated?

To discredit a competing insurer, a Texas agent knowingly circulates a false statement about its financial condition. Which prohibited practice is most directly involved?

A Texas agent proposes to pay an unlicensed person a sales commission for soliciting and negotiating a life policy. No exception applies. What is the correct response?

A Texas agent collects an applicant's initial premium for an insurer. Which handling of those funds is appropriate?

A producer tells a prospect to buy a policy because the Texas Life and Health Insurance Guaranty Association guarantees every promised benefit without limits. What is wrong with that sales pitch?

Under the ordinary Texas life insurance grace-period requirement in Insurance Code Section 1101.005, what minimum period must a policy provide for a premium after the first payment?

A Texas life policy has remained in force during the insured's lifetime for two years from issue. Under the ordinary required incontestability provision, which exception is expressly retained?

A Texas life application involves replacing an existing policy in a transaction subject to Chapter 1114. What should the producer do regarding the required replacement notice?

A Texas annuity recommendation would pay the producer a higher commission but would not effectively address the consumer's stated needs. What should guide the recommendation?

A replacement annuity transaction is subject to Texas Insurance Code Section 1114.053. What return period must the replacing insurer disclose after delivery?

For an ordinary Texas life policy subject to Section 1101.011, excluding the private-placement separate-account exception, when must the policy provide for settlement after receipt of proof of death and the claimant's right to proceeds?