Texas Statutes (Last Updated: January 4, 2014) |
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 Q. EXTENSION OF GROUP LIFE INSURANCE TO SPOUSES AND CHILDREN |
Sec. 1131.803. PAYMENT OF PREMIUMS
Latest version.
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The premium for group life insurance extended to cover a spouse or child may be paid by:
(1) the group policyholder;
(2) the insured under the policy; or
(3) the group policyholder and the insured jointly.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.