Texas Statutes and Rules Pertinent to Life Insurance Only
Under TIC § 1131.056, can a labor union or trade association establish a group life insurance plan for its members?
Answer and explanation
Answer: D. TIC § 1131.056 authorizes labor unions and trade associations as eligible group life policyholders.Source: Texas Insurance Code Chapter 1131 — § 1131.056, Union & Association Groups
More texas statutes and rules pertinent to life insurance only questions
- For a replacement transaction subject to Texas Insurance Code §1114.053(e), what return-right notice must the replacing insurer provide to the policy or contract owner?
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