1131.752 – PAYMENT OF PREMIUMS. (a) The premium for the
Texas Insurance Code § 1131.752
Summary
This law regulates how premiums for certain insurance policies must be paid, specifying that they can be funded entirely by employers, unions, or a combination of these sources with insured contributions. It ensures that insured individuals do not contribute more than a set amount towards their premiums.
Premiums can be paid by employers or unions, or a mix.
Insured contributions are capped at 40 cents per month.
Aims to protect insured individuals from high premium costs.
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In simple terms: Learn about Texas's PAYMENT OF PREMIUMS. (a) The premium for the 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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