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. 1131.805. CONVERSION RIGHTS
Latest version.
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On termination of group life insurance coverage for a spouse insured under this subchapter because the insured's employment terminates, the insured's eligibility for insurance terminates, or the insured dies, or because the group life insurance policy terminates, the spouse has the same conversion rights as to the group life insurance on the spouse's life as the insured.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.