Tenn. Comp. R. & Regs. 0780-01-43-.02
Current through December 10, 2024
This rule shall apply to all industrial life insurance policies issued or delivered in this State after April 1, 1980. Industrial life insurance is defined in T.C.A. §56-7-701, as follows:
"...that form of life insurance, the policies for which include the words 'industrial policy' as part of the descriptive matter; and (a) under which the premiums are payable weekly, or (b) which the premiums are payable monthly or oftener, but less often than weekly, if the fact amount of the insurance provided in such policy is one thousand dollars ($1,000) or less."
Tenn. Comp. R. & Regs. 0780-01-43-.02
Authority: T.C.A. § 56-7-702(d)(3).