Tex. Insurance Code § 2203.156
TERM OF POLICY; NOTICE OF CERTAIN CHANGES
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 2203.156, TERM OF POLICY; NOTICE OF CERTAIN CHANGES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/684259
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Full text
(a) A policy issued by the association must be for a term of one year or less, as determined by the association.
(b) Section 1901.253 does not apply to a medical liability insurance policy issued by the association for a term of less than one year.
(c) The association shall ensure that appropriate written notice is provided to the insured for a policy described by Subsection (b) if the association intends to:
(1) increase the premiums on the policy; or
(2) cancel or not renew the policy for a reason other than for nonpayment of premiums or because the insured is no longer licensed.