1131.112 – PAYMENT OF BENEFITS ON DEATH OF INSURED BEFORE
Texas Insurance Code § 1131.112
Summary
This law mandates that group life insurance policies must pay benefits if an insured individual dies before their individual policy becomes effective. It ensures coverage during the transition period when an individual is eligible for a policy but has not yet activated it.
Requires payment of benefits for deaths before individual policy activation.
Applies to group life insurance policies.
Covers individuals eligible for individual policies under specific sections.
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In simple terms: Learn about Texas's PAYMENT OF BENEFITS ON DEATH OF INSURED BEFORE law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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