Sec. 1131.858. PREMIUM RATE CHANGE NOT LIMITED. (a) This subchapter does not limit any right of the insurer under a policy to increase or decrease a premium rate before, during, or after a work stoppage if the insurer would be entitled to increase the premium rate had a work stoppage not occurred.
(b) A change in a premium rate made in accordance with this section takes effect on a date that is determined by the insurer in accordance with the terms of the policy.
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