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Tex. Ins. Code § 463.258

PREMIUM FOR REISSUANCE OF TERMINATED COVERAGE

Known as the Texas Life and Health Insurance Guaranty Association Act

The act spans §§ 463–463 (82 sections).

Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff

If the association reissues terminated coverage at a premium different from the terminated policy's premium, the premium must:

(1) reflect the amount of insurance provided and the insured's or enrollee's age and class of risk; and

(2) be approved by the commissioner or a court.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.