(a) A voluntary association may obtain for any class of the association's membership and for the class's dependents a group policy of:
- (1) life insurance;
- (2) health insurance;
- (3) accident insurance;
- (4) accidental death or dismemberment insurance; or
- (5) hospital, surgical, or medical expense insurance.
- (b) The association may obtain a separate policy for each type of insurance listed under Subsection (a).
- (c) The association is the policyholder.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.