|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to extension of group life insurance to eligible children. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 1131.802, Insurance Code, is amended as |
|
|
follows: |
|
|
Insurance under a group life insurance policy may be extended |
|
|
to cover: |
|
|
(1) the spouse of each individual eligible to be |
|
|
insured under the policy; or |
|
|
(2) a natural or adopted child of each individual |
|
|
eligible to be insured under the policy if the child is: |
|
|
(A) unmarried; and [younger than 21 years of age;
|
|
|
or] |
|
|
(B) younger [older] than 25 [21] years of age; or |
|
|
[and] |
|
|
(C) physically or mentally disabled and under the |
|
|
parents' supervision; or |
|
|
(3) a natural or adopted grandchild of each individual |
|
|
eligible to be insured under the policy if the child is: |
|
|
(A) unmarried and; |
|
|
(B) younger than 25 years of age; and |
|
|
(C) a dependent of the insured for federal income |
|
|
tax purposes at the time the application for coverage of the |
|
|
grandchild is made |
|
|
[(i) enrolled as a full-time student at an
|
|
|
educational institution; or
|
|
|
(ii) physically or mentally disabled and
|
|
|
under the parents' supervision]. |
|
|
SECTION 2. This Act takes effect September 1, 2007. |