Sec. 1131.855. PAYMENT OF CONTRIBUTION AND PREMIUM. A policy may provide that continuation of coverage for an employee under the policy is contingent on timely payment of:
(1) contributions by the employee; and
(2) the premium by the entity responsible for collecting the individual employee contributions.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 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 R. Continuation of Certain Group Life Insurance During Labor Dispute
Section 1131.851. Applicability of Subchapter
Section 1131.853. Contributions if Policyholder Is Trustee
Section 1131.854. Contributions if Policyholder Is Not Trustee
Section 1131.855. Payment of Contribution and Premium
Section 1131.856. Past Due Premium
Section 1131.857. Individual Premium Rate Increase
Section 1131.858. Premium Rate Change Not Limited
Section 1131.859. Limitations on Continuation of Coverage
Section 1131.860. Other Provisions; Commissioner Approval Required