(a) This chapter does not apply to a rider or endorsement that:
- (1) is used at the request of the holder of a policy, contract, or certificate subject to this chapter; and
(2) relates to:
- (A) the manner of distribution of benefits under the policy, contract, or certificate; or
- (B) the reservation of rights and benefits under the policy, contract, or certificate.
(b) The commissioner by written order may exempt a document from the requirements of this chapter for the period the commissioner considers proper if the commissioner determines that:
- (1) this chapter may not practically be applied to the document;
- (2) the document's preparation, use, and meaning have become routine or commonplace; or
- (3) the filing and approval of the form of the document are not desirable, appropriate, required, or necessary for the protection of the public.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 5, eff. April 1, 2005.