Texas Statutes and Rules Pertinent to Life Insurance Only
Under TIC § 1131.051, what restriction applies to dependent group life insurance coverage issued to cover an employee's spouse or children?
Answer and explanation
Answer: A. TIC § 1131.051 limits dependent group life coverage to a maximum of 50% of the insured employee's coverage amount.Source: Texas Insurance Code Chapter 1131 — § 1131.051, Dependent Coverage Cap
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