Limit On Life Insurance

Tex. Insurance Code § 887.201, under Chapter 887.

Tex. Insurance Code § 887.201

Sec. 887.201. LIMIT ON LIFE INSURANCE. An association may not insure an individual life for more than $5,000. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.