Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 3 - LIFE, ACCIDENT, AND HEALTH INSURANCE AND ANNUITIES
Subchapter S - MINIMUM STANDARDS AND BENEFITS AND READABILITY FOR INDIVIDUAL ACCIDENT AND HEALTH INSURANCE POLICIES
Section 3.3075 - Minimum Standards for Disability Income Protection Coverage
Universal Citation: 28 TX Admin Code § 3.3075
Current through Reg. 50, No. 13; March 28, 2025
"Disability income protection coverage" is a policy which provides for periodic payments, weekly or monthly, for a specified period during the continuance of disability resulting from either sickness or accident or a combination thereof, which:
(1) provides for periodic payments in an amount of at least $100 per month payable at ages through 62 and $50 per month at ages after 62;
(2) contains an elimination period no greater than:
(A) 90 days in the case of a coverage
providing a benefit period of one year or less;
(B) 365 days if the benefit is payable for
not less than two years and is payable in an amount of at least $200 per month;
or
(C) 180 days in all other cases
during the continuance of disability resulting from sickness or
injury;
(3) has a maximum period of time for which it is payable during disability of at least six months;
(4) this section does not apply to those policies providing business buy out coverage.
Disclaimer: These regulations may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
