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Current as of January 02, 2024 | Updated by Findlaw Staff
“Industrial life insurance,” as used in §§ 56-7-702--56-7-704, means that form of life insurance, the policies for which include the words “industrial policy” as part of the descriptive matter; and:
(1) Under which the premiums are payable weekly; or
(2) Under which the premiums are payable monthly or more often, but less often than weekly, if the face amount of the insurance provided in the policy is one thousand dollars ($1,000) or less.
Cite this article: FindLaw.com - Tennessee Code Title 56. Insurance § 56-7-701 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-56-insurance/tn-code-sect-56-7-701/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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