Texas Life Agent licensing

Showing 61–69 of 69 articles · Page 7 of 7

• Texas Life Insurance Agency Bond vs. Errors and Omissions CoverageFor a Texas resident insurance agency, TDI requires financial responsibility through either a surety bond with a principal sum of at least $25,000 or …
• Texas Life Insurance Agency Designated Responsible Licensed ProducerA Texas resident insurance agency applying for a general lines life, accident, health, and HMO license must identify a designated responsible licensed…
• Texas Life Insurance Application on Another Person: Who Must Consent?A third party applying for life insurance on an adult in Texas should obtain the insured’s written consent to the purchase or application and to any o…
• Texas Life Insurance Claim Complaint: What to Send TDIBefore filing a Texas life-claim complaint, gather the policy or certificate, claim submission and proof of death, insurer letters, relevant records, …
• Texas Life Insurance Fraud vs. Application MisstatementAn inaccurate life insurance application answer is not automatically criminal fraud. Texas Penal Code §35.02 requires intent to defraud or deceive an …
• Texas Unfair Claims Settlement Practices: Common Exam ScenariosTexas Insurance Code Chapter 542 prohibits insurers from unfair claim settlement practices, including misrepresenting coverage, delaying claim communi…
• Voluntarily Surrendering a Texas Life Agent LicenseA Texas agent who no longer needs an active license can request voluntary surrender using TDI’s current FIN530 form and submission instructions. Surre…
• Texas Life Insurance Replacement: Contestability and Suicide Period ResetReplacing a Texas life policy with a newly issued policy generally starts a new contestable period; a new suicide exclusion may also apply. The old po…
• Texas Life Insurance Policy Contest: What Must the Insurer Return?If a Texas life insurer denies an early death claim after finding a qualifying application problem during contestability, TDI says it must return prem…