Sec. 1131.108. INSURANCE CERTIFICATE. (a) A group life insurance policy must provide that the insurer will issue to the policyholder for delivery to each insured an individual certificate stating:
(1) the insurance protection to which the insured is entitled;
(2) to whom the insurance benefits are payable; and
(3) the rights and conditions specified by Sections 1131.110-1131.112.
By agreement between the insurer and the policyholder, the certificate of insurance may be delivered electronically.
(b) This section does not apply to:
(1) a policy issued to a creditor to insure the creditor's debtors; or
(2) a policy to which Section 1131.703 applies.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 1075, Sec. 1, eff. Sept. 1, 2003.
Structure Texas Statutes
Title 7 - Life Insurance and Annuities
Subtitle B - Group Life Insurance
Chapter 1131 - Group Life Insurance and Wholesale, Franchise, or Employee Life Insurance
Subchapter C. Group Life Insurance: Required Provisions
Section 1131.101. Required Provisions
Section 1131.102. Nonforfeiture
Section 1131.103. Grace Period
Section 1131.104. Incontestability of Policy
Section 1131.105. Application for Policy; Statements of Insured
Section 1131.106. Evidence of Insurability
Section 1131.107. Adjustment of Premiums or Benefits if Age of Insured Is Misstated
Section 1131.108. Insurance Certificate
Section 1131.109. Person to Whom Benefits Are Payable
Section 1131.110. Right to Individual Policy on Termination of Employment or Membership
Section 1131.112. Payment of Benefits on Death of Insured Before Individual Policy Becomes Effective