Texas General Lines — Life, Accident, Health and HMOTexas Statutes and Rules Common to Life, Accident, Health and HMOMedium
A licensed life insurance agent in Texas receives a written request from a policyholder to provide personal information that the insurer has collected about them. According to Texas regulations, within how many business days must the insurer provide this information?
- A10 business days
- B30 business days
- C5 business days
- D15 business days
Show answer & explanationAnswer & explanation
Correct answer: A. 10 business days
Texas regulations require insurers to provide policyholders with access to their personal information within 10 business days of receiving a written request. This ensures transparency and consumer protection.
Why the other options are wrong
- B. This is incorrect; 30 days is generally too long for this type of consumer information request.
- C. This is incorrect; 5 days is too short for this type of request.
- D. This is incorrect; 15 days is not the specified timeframe.
Consumer Information Access
Texas law grants consumers the right to access personal information collected about them by insurers.
- Applies to personal information collected and maintained by insurers.
- Request must be in writing.
- Insurer must provide information within a specified timeframe.
Memory trick: Ten days to show the data, no debate, that's the state's mandate.