Texas Insurance Code - Not Codified - Article 21.79E. Credit Involuntary Unemployment Insurance
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Art. 21.79E. CREDIT INVOLUNTARY UNEMPLOYMENT INSURANCE.
Article repealed effective April 1, 2007
Any insurer authorized to write any form of casualty
insurance in this state shall also be authorized to write group or
individual credit involuntary unemployment insurance indemnifying
a debtor for installment or other periodic payments on the
indebtedness while the debtor is involuntarily unemployed,
including policy forms and endorsements which define involuntary
unemployment to provide coverage and a premium charge for
interruption or reduction of a debtor's income during periods of
leave (paid or otherwise) authorized by the Federal Family and
Medical Leave Act of 1993 (29 U.S.C. Section 2601 et seq.), as
amended, or other state or federal laws. Such insurance may be
written alone or in conjunction with credit life insurance, credit
accident and health insurance, or both, in policies issued by any
authorized insurer, but not in contravention of the Texas Free
Enterprise and Antitrust Act of 1983 (Chapter 15, Business &
Commerce Code). Rates and forms for such insurance may be made and
filed in accordance with Article 5.13-2 of this code.
Added by Acts 1991, 72nd Leg., ch. 242, Sec. 2.17C, eff. Sept. 1,
1991. Amended by Acts 1997, 75th Leg., ch. 1396, Sec. 32, eff.
Sept. 1, 1997; Amended by Acts 2003, 78th Leg., ch. 206, Sec.
21.38, eff. June 11, 2003.
Article: 21.58B 21.58C 21.61 21.70 21.72 21.77 21.79 21.79E 21.79H 21.80 21.81 25.01 25.02 25.03 25.04
Last modified: August 11, 2007
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