Rules & Regulations of the State of Tennessee
Title 0780 - Commerce and Insurance
Subtitle 0780-01 - Insurance Division
Chapter 0780-01-43 - Relating to the "Small Insurance Policy Law of 1979"
Section 0780-01-43-.02 - SCOPE

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."

Authority: T.C.A. § 56-7-702(d)(3).