A group accident and health insurance policy must provide that premiums due under the policy must be remitted by the premium payor as designated in the policy:
(1) on or before the due date; or
(2) within any grace period specified in the policy.
PAYMENT OF PREMIUMS
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff
A group accident and health insurance policy must provide that premiums due under the policy must be remitted by the premium payor as designated in the policy:
(1) on or before the due date; or
(2) within any grace period specified in the policy.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.