Tenn. Comp. R. & Regs. 0780-01-04-.15 - MISCELLANEOUS

(1) Any company or agent now or hereafter writing credit life or credit accident and health insurance in this State shall subscribe and agree to these Rules and shall be required by law to comply therewith.

(2) All credit life and credit accident and health insurance rates and forms, delivered or issued for delivery on and after April 15, 1969, except as hereinafter provided, shall conform to the provisions of this Chapter as of that date. With regard to existing group credit insurance policies, the rates and forms shall be amended to conform to the requirements of this Chapter, or be terminated, not later than the anniversary of the date of issue of the contract next following the effective date of this Chapter. Existing group credit insurance contracts that are renewed, reissued or replaced other than on their normal anniversary date of issue and all group credit insurance contracts newly issued to replace or supplement a creditor's existing insurance program on or after July 1, 1968, shall conform to the requirements of this Chapter on and after April 15, 1969. No replacement or amendment of group policies to postpone the effect of this Chapter will be recognized for the purpose of this Chapter.

Notes

Tenn. Comp. R. & Regs. 0780-01-04-.15

Original rule certified June 10, 1974.

Authority: T.C.A. §§ 45-5-403, 56-7-901 and 56-8-110.