(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).

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