Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 10. PROPERTY AND CASUALTY INSURANCE |
Subtitle G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE |
Chapter 2153. GROUP MARKETING OF AUTOMOBILE INSURANCE FOR PERSONS OVER 55 YEARS OF AGE |
Subchapter B. CONDITIONS FOR ISSUANCE OF GROUP AUTOMOBILE INSURANCE |
Sec. 2153.054. GUARANTEED ISSUE
Latest version.
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(a) An insurer shall issue group automobile insurance:
(1) on a guaranteed basis under a single insurance program; and
(2) without individual underwriting selection or individual proof of insurability.
(b) An insurer that issues group automobile insurance and the insured group shall accept for participation in the group marketing plan any member of the group who is eligible under Section 2153.053 and who wants to participate.
Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007.