Sec. 1551.251. GROUP LIFE INSURANCE COVERAGE PLAN. (a) The board of trustees shall administer a group life insurance coverage plan to provide each individual eligible to participate in the group benefits program under Section 1551.101 or 1551.102 group life coverages that provide payments and benefits in an amount and manner the board determines.
(b) The group life insurance coverage plan is subject to the conditions and limitations of:
(1) this chapter and rules adopted under this chapter; and
(2) the policy or policies purchased by the board of trustees.
(c) The board of trustees may include the dependents of individuals eligible to participate in the group benefits program under Section 1551.101 or 1551.102 in the group life insurance coverage plan.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.
Structure Texas Statutes
Title 8 - Health Insurance and Other Health Coverages
Subtitle H - Health Benefits and Other Coverages for Governmental Employees
Chapter 1551 - Texas Employees Group Benefits Act
Subchapter F. Group Life and Accidental Death and Dismemberment Insurance Coverage Plan
Section 1551.251. Group Life Insurance Coverage Plan
Section 1551.252. Additional Term Life Insurance
Section 1551.253. Determination of Annual Salary
Section 1551.254. Accelerated Life Insurance Benefits
Section 1551.255. Inclusion of Provisions for Viatical Settlements
Section 1551.256. Optional Term Life Insurance Coverage After Retirement
Section 1551.257. Eligibility of Annuitant for Extended Insurance Benefits
Section 1551.258. Termination of Accidental Death and Dismemberment Insurance Coverage on Retirement
Section 1551.259. Order of Precedence of Payment to Survivors