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Tex. Insurance Code § 887.305

EXPENSE LOADING ON CERTAIN INSURANCE CERTIFICATES

Texas · Texas Insurance Code · Status: effective

Banking, Finance & Insurance
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Tex. Insurance Code § 887.305, EXPENSE LOADING ON CERTAIN INSURANCE CERTIFICATES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680269
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If an association increases a life insurance assessment rate at any age other than at age of issue, the expense loading on the new assessments may not, on 50 years of age or greater, exceed 25 percent of the gross assessment charged, unless an additional expense loading is approved by the commissioner as reasonable and necessary.