2023 Texas Statutes
Insurance Code
Title 6 - Organization of Insurers and Related Entities
Subtitle H - Other Entities
Chapter 962 - Job Protection Insurance
Subchapter A. General Provisions
Section 962.002. Job Protection Insurance Defined
Sec. 962.002. JOB PROTECTION INSURANCE DEFINED. (a) In this chapter, "job protection insurance" means insurance providing indemnity that is:
(1) paid for loss of position arising from discharge or suspension;
(2) payable in installments that do not exceed the average monthly wage of the insured; and
(3) provided to:
(A) conductors, engineers, motormen, brakemen, switchmen, firemen, dispatchers, clerks, operators, trackmen, signalmen, and maintenance-of-way personnel of steam and electric railways; and
(B) bus drivers and truck drivers employed by common carriers.
(b) The term "job protection insurance" does not include a job benefit fund administered by and through a labor union only for the union's members.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 16, eff. April 1, 2007.
