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. 2153.059. LIMITATIONS ON CANCELING INSURANCE
Latest version.
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(a) An insurer may not cancel the insurance of a group member unless:
(1) the member fails to pay the premiums; or
(2) the insurance for the entire group is canceled.
(b) An insurer that cancels insurance under Subsection (a) shall provide to each group member whose insurance is canceled the same notice of cancellation the insurer provides for cancellation of individual automobile insurance policies.
Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007.