Tenn. Comp. R. & Regs. 0780-01-29-.05

Current through October 22, 2024

Section 0780-01-29-.05 - PEMIUMS WAIVED AND POLICY DIVIDENDS

Policies must provide that a waived premium is both a paid premium and a claim payment and that dividends constitute a reduction of paid premiums.

Original rule filed May 27, 1976; effective June 28, 1976.

Authority: T.C.A. §§ 56-1-701 and 56-26-114.