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Current as of January 01, 2024 | Updated by Findlaw Staff
A policy of wholesale, franchise, or employee life insurance may contain in substance provisions under which:
(1) the policy is renewable at the option of the insurer only;
(2) coverage by the insurer terminates on termination of employment or membership by the insured employee or member; or
(3) an individual eligible for insurance must furnish evidence of individual insurability satisfactory to the insurer as a condition to coverage.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1131.757. Optional Policy Provisions - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1131-757/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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