TX| The Texas Department of Insurance has issued Bulletin #B-0011-19 to announce the rule writing for Senate Bill 1852, disclosure form for short-term limited-duration insurance policies, which passed during the 2019 legislative session.
The final rules have not yet been finalized, but the bulletin does include the basic outline of the information that will be required in the disclosure.
Click here to see full Bulletin #B-0011-19
It was noted that all information required on disclosure must be in an easy to read font, no smaller than 14-point size. Beginning January 1, 2020, consumers applying for a policy will sign a form acknowledging receipt of the disclosure form.