Rules & Regulations of the State of Tennessee
Title 0780 - Commerce and Insurance
Subtitle 0780-01 - Insurance Division
Chapter 0780-01-40 - Relating to Life Insurance Solicitations
Section 0780-01-40-.01 - PURPOSE

Universal Citation: TN Comp Rules and Regs 0780-01-40-.01

Current through September 24, 2024

(1) The purpose of this rule is to require insurers to deliver to purchasers of life insurance, information which will improve the buyer's ability to select the most appropriate plan of life insurance for his needs, improve the buyer's understanding of the basic features of the policy which has been purchased or which is under consideration, and improve the ability of the buyer to evaluate the relative costs of similar plans of life insurance.

(2) This rule does not prohibit the use of additional material which is not in violation of this rule or any other Tennessee statute or regulation.

Authority: T.C.A. §§ 56-1-701 and 56-2-301.

Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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