Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 8. HEALTH INSURANCE AND OTHER HEALTH COVERAGES |
Subtitle H. HEALTH BENEFITS AND OTHER COVERAGES FOR GOVERNMENTAL EMPLOYEES |
Chapter 1551. TEXAS EMPLOYEES GROUP BENEFITS ACT |
Subchapter F. GROUP LIFE AND ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE COVERAGE PLAN |
Sec. 1551.252. ADDITIONAL TERM LIFE INSURANCE
Latest version.
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Notwithstanding any other provision of this code, the board of trustees may authorize:
(1) dependent term life insurance in an amount equal to the term life insurance provided under the basic coverage; and
(2) optional term life insurance in an amount equal to four times the employee's annual salary plus the amount of term life insurance provided under the basic coverage.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.