Retirement and Other Insurance Concepts
Under Texas Insurance Code § 1251.001 & § 1131.051, what minimum number of employees must participate in an employer-sponsored noncontributory group life insurance plan?
Answer and explanation
Answer: B. TIC § 1131.051 mandates 100% participation of eligible employees for employer-paid (noncontributory) group life plans.Source: Texas Insurance Code Chapter 1131 — § 1131.051, Noncontributory Participation
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