Texas Insurance Code

§ 463.258 — PREMIUM FOR REISSUANCE OF TERMINATED COVERAGE

IN § 463.258Title 4. REGULATION OF SOLVENCY · Part D. GUARANTY ASSOCIATIONS · Ch. 463. TEXAS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION · Art. F. POWERS AND DUTIES OF ASSOCIATION RELATING

Statute text

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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. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007. Amended by:

Legislative history

Acts 2019, 86th Leg., R.S., Ch. 432 (S.B. 1153), Sec. 21, eff. September 1, 2019.