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A BILL TO BE ENTITLED
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AN ACT
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relating to eligibility of certain dependents for group life |
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insurance. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 1131.802, Insurance Code, is amended to |
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read as follows: |
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Sec. 1131.802. EXTENSION OF GROUP LIFE INSURANCE TO SPOUSES |
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AND CHILDREN; ELIGIBLE CHILDREN. Insurance under a group life |
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insurance policy may be extended to cover: |
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(1) the spouse of each individual eligible to be |
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insured under the policy; [or] |
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(2) a natural or adopted child of each individual |
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eligible to be insured under the policy if the child is: |
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(A) unmarried and younger than 25 [21] years of |
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age; or |
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(B) [older than 21 years of age and:
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[(i) enrolled as a full-time student at an
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educational institution; or
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[(ii)] physically or mentally disabled and |
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under the parents' supervision; or |
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(3) a natural or adopted grandchild of each individual |
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eligible to be insured under the policy if the child is: |
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(A) unmarried; |
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(B) younger than 25 years of age; and |
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(C) a dependent of the insured for federal income |
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tax purposes at the time the application for coverage of the child |
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is made. |
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SECTION 2. The change in law made by this Act applies only |
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to a group life insurance policy delivered, issued for delivery, or |
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renewed on or after January 1, 2008. A policy delivered, issued for |
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delivery, or renewed before January 1, 2008, is governed by the law |
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in effect immediately before the effective date of this Act, and |
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that law is continued in effect for that purpose. |
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SECTION 3. This Act takes effect September 1, 2007. |