Tex. Insurance Code § 1201.010
THIRD-PARTY OWNERSHIP OF POLICY
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 1201.010, THIRD-PARTY OWNERSHIP OF POLICY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/681289
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Full text
The use of "insured" in this chapter does not prevent a person with an insurable interest, other than the insured, from:
(1) applying for and owning an individual accident and health insurance policy covering the insured; or
(2) being entitled to an indemnity, right, or benefit provided for in an individual accident and health insurance policy covering the insured.