Texas § IN.1251.257 - PREMIUM FOR CONVERTED POLICY

Full text of Texas The Texas Constitution § IN.1251.257 — PREMIUM FOR CONVERTED POLICY, with citation guidance and answers to common questions.

§ IN.1251.257. PREMIUM FOR CONVERTED POLICY

PREMIUM FOR CONVERTED POLICY. (a) An insurer shall determine the premium for a converted policy issued under this subchapter in accordance with the insurer's table of premium rates for coverage that was provided under the group policy. The premium: (1) must be based on the type of converted policy and the coverage provided by the policy; and (2) may be based on the age and geographic location of each individual to be covered. (b) The premium for the same coverage and benefits under a converted policy may not exceed 200 percent of the premium determined for the group policy in accordance with Subsection (a). Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.

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Frequently Asked Questions About Texas § IN.1251.257

What does The Texas Constitution § IN.1251.257 cover?

Section IN.1251.257 ("PREMIUM FOR CONVERTED POLICY") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § IN.1251.257?

A common citation format is "The Texas Constitution § IN.1251.257" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § IN.1251.257 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.