Purpose

Sec. 1201.002. PURPOSE. The purpose of this chapter is to: (1) provide for reasonable standardization, readability, and simplification of terms and coverages in individual accident and health insurance policies; (2) promote public understanding of coverages; (3) eliminate provisions in individual accident and health insurance policies that may be unjust, unfair, misleading, or unreasonably confusing in connection with: (A) the purchase of coverage; or (B) the settlement of claims; and (4) provide for full and fair disclosure in sales of accident and health coverage. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.