Texas Statutes and Rules Pertinent to Life Insurance Only
If an employee converts group life insurance to individual coverage under TIC § 1131.108, how is the premium rate for the individual policy calculated?
Answer and explanation
Answer: B. TIC § 1131.108 specifies that conversion premiums are based on attained age at conversion.Source: Texas Insurance Code Chapter 1131 — § 1131.108, Attained Age Premium
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