H.B. No. 1094 amends the Finance Code and the Insurance Code in Texas to regulate transportation protection agreements. The bill defines "transportation protection agreement" as an agreement to pay for the transportation of a deceased human body from the place of death to a licensed facility, specifically when the distance exceeds 75 miles. It clarifies that such agreements do not constitute the business of insurance in Texas and are exempt from the requirements of the Insurance Code. Additionally, the bill modifies the definitions of "prepaid funeral benefits" and "funeral service" to explicitly exclude transportation protection agreements from these categories.

The bill also introduces new legal language that specifies what constitutes prepaid funeral benefits and funeral services, ensuring that transportation protection agreements are not included in these definitions. The changes aim to provide clarity and regulatory oversight for transportation protection agreements while ensuring they remain distinct from traditional funeral services and insurance products. The act is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Finance Code 154.002, Subchapter B, Chapter , Insurance Code 101.056 (Finance Code 154, Subchapter B, Chapter , Insurance Code 101)
House Committee Report: Finance Code 154.002, Subchapter B, Chapter , Insurance Code 101.056 (Finance Code 154, Subchapter B, Chapter , Insurance Code 101)
Engrossed: Finance Code 154.002, Subchapter B, Chapter , Insurance Code 101.056 (Finance Code 154, Subchapter B, Chapter , Insurance Code 101)
Senate Committee Report: Finance Code 154.002, Subchapter B, Chapter , Insurance Code 101.056 (Finance Code 154, Subchapter B, Chapter , Insurance Code 101)
Enrolled: Finance Code 154.002, Subchapter B, Chapter , Insurance Code 101.056 (Finance Code 154, Subchapter B, Chapter , Insurance Code 101)