Sec. 1251.055. FUND FOR FORMER EMPLOYEES AND MEMBERS. (a) An insurer may issue a group accident and health insurance policy to a trustee of a fund to insure former employees, former members, and the spouses, former spouses, and dependents of former employees and members who were previously insured by the insurer under a policy issued to any entity described by this subchapter.
(b) The trustee of a fund is the policyholder under a policy to which this section applies.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.
Structure Texas Statutes
Title 8 - Health Insurance and Other Health Coverages
Subtitle B - Group Health Coverage
Chapter 1251 - Group and Blanket Health Insurance
Subchapter B. Group Accident and Health Insurance: Eligible Policyholders
Section 1251.052. Associations
Section 1251.053. Funds Established by Employers, Labor Unions, or Associations
Section 1251.054. Eligibility for Group Life Insurance