Tenn. Comp. R. & Regs. 0780-01-17-.02 - DEFINITIONS
(1) The term "variable contract ", when used
in this Chapter, shall mean any policy or contract which provides for life
insurance or annuity benefits which vary according to the investment experience
of any separate account or accounts maintained by the insurer as to such
policyor contract, as provided for in T.C.A. §§
56-3-501.
(2) "Agent ", when used in this Chapter, shall
mean any person who under the laws of this State is licensed as a life
insurance agent .
(3) "Variable
contract agent ", when used in this Chapter, shall mean an agent who shall sell
or offer to sell any variable contract .
Notes
Authority: T.C.A. § 56-3-508.
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