(a) Insurance Code §§1111A.003(p), 1111A.012,
and 1111A.014(l) and (m) do not apply to a life settlement broker
who acts solely as a life expectancy estimator.
(b) A life settlement broker or life insurance agent
who solely performs estimates of life expectancy must indicate on
the License Application for a Life Settlement Provider or Broker form;
the Application for Renewal, Surrender, or Change of Information for
a Life Settlement Provider or Broker form; or the Life Agent Notification
to TDI to Act as a Life Settlement Broker form, as applicable, that
the broker or life insurance agent will act solely as a life expectancy
estimator.
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