Tex. Insurance Code § 1131.757
This is the official text of Tex. Insurance Code § 1131.757, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 1131.757. OPTIONAL POLICY PROVISIONS.
Official statutory text
A policy of wholesale, franchise, or employee life insurance may contain in substance provisions under which:
(1) the policy is renewable at the option of the insurer only;
(2) coverage by the insurer terminates on termination of employment or membership by the insured employee or member; or
(3) an individual eligible for insurance must furnish evidence of individual insurability satisfactory to the insurer as a condition to coverage.
(1) the policy is renewable at the option of the insurer only;
(2) coverage by the insurer terminates on termination of employment or membership by the insured employee or member; or
(3) an individual eligible for insurance must furnish evidence of individual insurability satisfactory to the insurer as a condition to coverage.
Status: in_force · Read it on the official government site
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