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.