78R8168 T

By:  Farabee                                                      H.B. No. 1799


A BILL TO BE ENTITLED
AN ACT
relating to group life insurance. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 1131.108(a), Insurance Code, is amended to read as follows: (a) A group life insurance policy must provide that the insurer will issue to the policyholder for delivery to each insured an individual certificate stating: (1) the insurance protection to which the insured is entitled; (2) to whom the insurance benefits are payable; and (3) the rights and conditions specified by Sections 1131.110 - 1131.112. By agreement between the insurer and the policyholder, the certificate of insurance may be delivered electronically. SECTION 2. This Act takes effect September 1, 2003.