Tex. Insurance Code § 1131.757: OPTIONAL POLICY PROVISIONS.
Where this section sits in the code
- INSURANCE CODE
- TITLE 7. LIFE INSURANCE AND ANNUITIES
- SUBTITLE B. GROUP LIFE INSURANCE
- CHAPTER 1131. GROUP LIFE INSURANCE AND WHOLESALE, FRANCHISE, OR EMPLOYEE LIFE INSURANCE
- SUBCHAPTER P. WHOLESALE, FRANCHISE, OR EMPLOYEE LIFE INSURANCE POLICIES: ADDITIONAL REQUIREMENTS
A policy of wholesale, franchise, or employee life insurance may contain in substance provisions under which:
(1) the policy is renewable at the option of the insurer only;
(2) coverage by the insurer terminates on termination of employment or membership by the insured employee or member; or
(3) an individual eligible for insurance must furnish evidence of individual insurability satisfactory to the insurer as a condition to coverage.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.
Collected 2026-08-27T01:47:21Z. Source file · JSON