Tex. Insurance Code § 1131.101
This is the official text of Tex. Insurance Code § 1131.101, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 1131.101. REQUIRED PROVISIONS.
Official statutory text
(a) A group life insurance policy may not be delivered in this state unless the policy contains in substance the provisions prescribed by this subchapter or provisions in relation to provisions prescribed by this subchapter that, in the opinion of the commissioner, are:
(1) more favorable to an insured under the policy; or
(2) at least as favorable to an insured under the policy and more favorable to the policyholder.
(b) The standard provisions required for individual life insurance policies do not apply to group life insurance policies.
(1) more favorable to an insured under the policy; or
(2) at least as favorable to an insured under the policy and more favorable to the policyholder.
(b) The standard provisions required for individual life insurance policies do not apply to group life insurance policies.
Status: in_force · Read it on the official government site
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