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Current as of January 01, 2024 | Updated by Findlaw Staff
The amount of group life insurance or group accidental death and dismemberment insurance covering a retiree, dependent, surviving spouse, or surviving dependent child on the date of death shall be paid, on the establishment of a valid claim, only to:
(1) the beneficiary designated by the person in a signed and witnessed document received before death in the office of the trustee; or
(2) a person in the order prescribed by Section 824.103(b), Government Code, if a beneficiary is not properly designated or a beneficiary does not exist.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1575.160. Group Life or Accidental Death and Dismemberment Insurance: Payment of Claim - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1575-160/
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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