(a) An insurer may terminate the coverage of an enrolled customer under a portable
electronics insurance policy without notice:
(1) for nonpayment of premium;
(2) if the enrolled customer ceases to have an active service with the vendor of portable
(3) if the enrolled customer exhausts the aggregate limit of liability, if any, under
the terms of the portable electronics insurance policy.
(b) If a portable electronics insurance policy is terminated under Subsection (a)(3),
the insurer must send notice of termination to the enrolled customer not later than
the 30th day after the date of exhaustion of the limit. If the notice is not timely sent, the insurer shall continue the customer's coverage,
and the aggregate limit of liability is waived, until the insurer sends the notice
of termination to the enrolled customer.
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