Tex. Ins. Code § 1255.106

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1255.106 - Amount Of Family Leave Benefits; Other Income

(a) A group family leave insurance policy must specify:

(1) the amount of benefits that will be paid for covered family leave reasons;

(2) the definition of wages or other income on which the amount of family leave benefits is based; and

(3) the method for calculating those wages or other income.

(b) If the family leave benefits are subject to offsets for wages or other income received by the insured or for which the insured may be eligible, the group family leave insurance policy must specify:

(1) which wages or other income may be offset; and

(2) the circumstances under which the wages or other income may be offset.

Tex. Ins. Code § 1255.106

Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 703,Sec. 2, eff. 9/1/2023, app. only to a family leave insurance policy, amendment, or rider delivered, issued for delivery, or renewed on or after January 1, 2024.