Sec. 1102.003. STATEMENT REGARDING VALUE OF FOREIGN CURRENCY. (a) An insurance policy described by Section 1102.002 providing that benefits are payable in foreign currency must include a conspicuous statement that the value of the currency denominated in the policy can fluctuate as compared to the value of United States currency. (b) The statement must be: (1) included as part of the policy; or (2) attached to the insurance policy at the time it is issued. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Statement Regarding Value of Foreign Currency
Tex. Insurance Code § 1102.003, under Payment of Insurance Benefits In Currency.
Tex. Insurance Code § 1102.003