Sec. 1251.256. CONVERSION OF GROUP POLICY. (a) An insurer may offer a conversion policy to each employee, member, or dependent who is covered under a group accident and health insurance policy that is terminating.
(b) If offered, an issuer shall issue a conversion policy without evidence of insurability if a written application for the policy and payment of the first premium are made not later than the 31st day after the date of termination.
(c) Any conversion policy must meet the minimum standards for benefits for conversion policies.
(d) The insurer may provide the conversion coverage on an individual or group basis.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.
Section: Previous 1251.201 1251.202 1251.251 1251.252 1251.253 1251.254 1251.255 1251.256 1251.257 1251.258 1251.259 1251.260 1251.301 1251.302 1251.303 NextLast modified: September 28, 2016