Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 3 - LIFE, ACCIDENT, AND HEALTH INSURANCE AND ANNUITIES
Subchapter R - LIFE SETTLEMENT
Division 2 - LICENSE APPLICATION AND RENEWAL; COURSE AND TRAINING REQUIREMENTS; MAINTENANCE OF RECORDS
Section 3.1730 - Health Status Verification

Universal Citation: 28 TX Admin Code § 3.1730

Current through Reg. 50, No. 13; March 28, 2025

(a) Who can verify health status. Only a licensed life settlement broker, licensed life settlement provider, or authorized representative of a licensed life settlement broker or licensed life settlement provider may contact an insured to determine the insured's health status or to verify the insured's address.

(b) Written delegation. An authorized representative must have a written authorization from a licensed life settlement broker or provider to be an authorized representative. An authorized representative must agree in writing to adhere to the privacy provisions in Insurance Code Chapter 1111A.

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