reglab/housing_qa huggingface dataset:
TN Code § 56-7-309 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 3 - Life Insurance Policies|§ 56-7-309. Life Insurance — Policies for One-Year Preliminary Term Insurance — Reserve Value

  This section applies only to policies of life insurance issued prior to the operative date of § 56-7-401, the Standard Nonforfeiture Law.   Policies may be issued in this state providing for not more than one-year preliminary term insurance by the incorporation in the policy of a clause on the face of the policy distinctly specifying that the first year's insurance is term insurance.   If the premium charged for term insurance under a limited payment life or endowment preliminary term policy, providing for the payment of all premiums in less than twenty (20) years from the date of the policy, exceeds that charged for like insurance under twenty (20) pay life preliminary term policies of the same company at the same age, the reserve at the end of any year, including the first, shall not be less than the reserve on a twenty (20) pay life preliminary term policy issued in the same year and at the same age, together with an amount equivalent to the accumulation of a net level premium sufficient to provide for a pure endowment at the end of the premium payment period equal to the difference between the value at the end of the period for the twenty (20) pay life preliminary term policy and the full reserve at the time of the limited payment life or endowment policy.
TN Code § 56-7-310 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 3 - Life Insurance Policies|§ 56-7-310. Policies Exemptions

 Sections 56-7-308, 56-7-309, 56-7-2307 and 56-7-2308, do not apply to annuities, industrial policies, or to corporations or associations operating on the assessment or fraternal plan.
TN Code § 56-7-311 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 3 - Life Insurance Policies|§ 56-7-311. “Company” Defined

 As used in §§ 56-7-308, 56-7-309, 56-7-2307, 56-7-2308 and 56-7-2311, “company” includes corporations and associations.
TN Code § 56-7-312 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 3 - Life Insurance Policies|§ 56-7-312. Stipulated Form of Insurance or Cash Equal to Net Reserve Upon Default

  This section applies only to policies of life insurance issued prior to the operative date of § 56-7-401, the Standard Nonforfeiture Law.   In the event of default in the payment of any premium due on any policy, there shall be secured to the owner of the policy a stipulated form of insurance as may be specified in the policy, the net value of which shall be at least equal to the reserve at the date of default on the policy and on any dividend additions thereto according to the mortality table and the rate of interest for computing the reserve as specified in the policy, less a sum of not more than two and one half percent (2½%) of the amount insured by the policy and of any existing dividend additions thereto and less any existing indebtedness to the company on the policy at the time of default; provided, that not less than three (3) full years' premiums shall have been paid; and provided, further, that the policy shall not be continued in force by virtue of any automatic loan provision in the policy.   There shall also be secured to the owner of the policy the right to surrender the policy to the company at its home office within one (1) month from the date of default for a specified cash value at least equal to the sum that would otherwise be available for the purchase of insurance, and the payment of which cash value by the company shall not be deferred for more than six (6) months after application for the payment is made.
TN Code § 56-7-313 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 3 - Life Insurance Policies|§ 56-7-313. Certain Provisions as to Defaulted Policies, Loans and Reserves Cannot Be Waived

 No agreement between the company and the policyholder or applicant for insurance shall be held to waive §§ 56-2-115, 56-7-312, 56-7-401 and 56-7-2309.
TN Code § 56-7-314 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 3 - Life Insurance Policies|§ 56-7-314. Purchase or Assignment of Life Insurance by Charitable Organization — Date of Insurable Interest

 If an organization described in either § 170(c) or § 501(c)(3) of the Internal Revenue Code of 1986 (26 U.S.C. §§ 170(c) and 501(c)(3)), respectively, purchases or receives by assignment, before or after April 23, 1992, life insurance on an insured who consents in writing to the purchase or assignment, the organization is deemed to have or to have had an insurable interest in the insured person's life on the date of purchase or assignment. This section does not limit or abridge any insurable interest on April 23, 1992, at common law or by statute.
TN Code § 56-7-315 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 3 - Life Insurance Policies|§ 56-7-315. Interest Payable After Receipt of Claim

 An insurer of a life insurance policy or annuity issued for delivery in this state, with respect to a claim for benefits by reason of the death of the insured or annuitant, shall pay interest beginning on the fifteenth day following the date of death of the insured or annuitant, with the interest compounded annually for a period not to exceed three (3) years from that date. The rate of interest payable shall not be less than the interest currently paid by the insurer with respect to proceeds left on deposit.
TN Code § 56-7-501 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 5 - Contingent and Mortality Contracts|§ 56-7-501. Contingent or Mortality Contracts — Dividing Policyholders or Members Into Classes and Paying Benefits to Oldest Member of Class Prohibited — Exceptions

 No life insurance company, fraternal benefit society, order or association authorized to do business in this state shall hereafter be permitted to issue policies, certificates or contracts to policyholders or members providing for the establishment of its policyholders or members into divisions and classes for the purpose of providing for the payment of benefits from special funds created for that purpose to the oldest member of the division and class or to the member of the division and class whose policy has been in force the longest period of time, upon the death of a member in the division and class; provided, that any life insurance company, fraternal benefit society, order or association heretofore issuing policies, certificates, or contracts on this plan in this state may continue so to do on condition that the life insurance company, fraternal benefit society, order or association shall not hereafter establish its policyholders or members into divisions or classes, other than the divisions or classes actually containing subsisting policies or certificates on February 23, 1939. No division of any class shall contain more than twenty-six (26) policyholders. No additional policyholder or policyholders shall ever be added to any of the divisions in this state because of vacancy or vacancies created by lapsed policies, death or otherwise, and no policyholder or policyholders shall be added in this state to any of the divisions under any circumstances.
TN Code § 56-7-502 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 5 - Contingent and Mortality Contracts|§ 56-7-502. Contingent and Mortality Endowment Contracts — Promising Particular Number or Position in Class or to Division to Policyholder Prohibited — Penalty

  No agent or organizer of any life insurance company, fraternal benefit society, order or association referred to in § 56-7-501 shall promise any particular number or position in class or division to any existing policyholder of contingent or mortality endowment contracts, as described in § 56-7-501.   For violation of this section, agents shall be subject to revocation of license or shall pay a fine of fifty dollars ($50.00) on each individual violation, following a hearing before the commissioner; and, in the commissioner's discretion, the company that the agent represents shall be liable, following repeated violations by its agents operating in this state, to a fine not exceeding a total of two hundred fifty dollars ($250) in the commissioner's discretion following a hearing.
TN Code § 56-7-503 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 5 - Contingent and Mortality Contracts|§ 56-7-503. Commissioner to Make Orders for Enforcement of Contingent and Mortality Endowment Contracts

 The commissioner has authority, upon examination and investigation of any companies writing the contracts referred to in § 56-7-501, to make orders the commissioner finds necessary from time to time to carry out the duties imposed upon the commissioner by law and by this part; but the orders shall not include authority to order the company to return premiums collected during the period and prior to the order.
TN Code § 56-7-601 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 6 - Tennessee Right to Shop Act|§ 56-7-601. Short Title

 This part shall be known and may be cited as the “Tennessee Right to Shop Act.”
TN Code § 56-7-602 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 6 - Tennessee Right to Shop Act|§ 56-7-602. Part Definitions

 As used in this part:   “Allowed amount” means the contractually agreed upon payment amount between a carrier and a healthcare entity participating in the carrier's network, excluding any member deductible, co-pay, or other obligation;   “Commissioner” means the commissioner of commerce and insurance;   “Comparable healthcare service” includes, but is not limited to:  Physical and occupational therapy services;   Radiology and imaging services;   Laboratory services; and   Infusion therapy;     “Department” means the department of commerce and insurance;   “Health plan” means health insurance coverage as defined in § 56-7-109;   “Healthcare entity” means:  Any healthcare facility licensed under title 33 or 68; and   Any healthcare provider licensed under title 63 or 68;     “Insurance carrier” or “carrier” means a health insurance entity as defined in § 56-7-109; and   “Shopping and decision support program” means the program established by a carrier pursuant to this part.
TN Code § 56-7-605 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 6 - Tennessee Right to Shop Act|§ 56-7-605. Order for Comparable Healthcare Service Upon Request

 At the request of a patient, a healthcare provider licensed under title 63 or 68 shall provide a copy of an order for a comparable healthcare service within two (2) business days of the request.
TN Code § 56-7-606 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 6 - Tennessee Right to Shop Act|§ 56-7-606. Report on Examples of Shared Savings Incentive Programs

 The state insurance committee, created by § 8-27-201, shall publish a report no later than January 1, 2020, on examples of shared savings incentive programs that directly incentivize current enrollees and retirees to shop for lower cost care in other states and consider implementation of such a program in this state. The state insurance committee may implement such a program as part of the next open enrollment period if it is believed to be cost effective. The state insurance committee shall share the report in writing to the government operations committees in both the senate and house of representatives.
TN Code § 56-7-607 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 6 - Tennessee Right to Shop Act|§ 56-7-607. Promulgation of Rules

 The commissioner is authorized to promulgate rules as necessary to implement this part. The rules must be promulgated in accordance with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5.
TN Code § 56-7-608 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 6 - Tennessee Right to Shop Act|§ 56-7-608. Applicability of Part

 Except for § 56-7-3506, and notwithstanding § 56-7-1005, this part does not apply to:   Any managed care organization contracting with the state to provide insurance through the TennCare program or the CoverKids program; or   Any plan described in Section 1251 of the federal Patient Protection and Affordable Care Act (42 U.S.C. § 18011) and Section 2301 of the federal Health Care and Education Reconciliation Act.
TN Code § 56-7-609 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 6 - Tennessee Right to Shop Act|§ 56-7-609. Annual Total Value of Incentives

 Notwithstanding this part, the total value of incentives offered to any one (1) enrollee must not exceed five hundred ninety-nine dollars ($599) in any year.
TN Code § 56-7-610 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 6 - Tennessee Right to Shop Act|§ 56-7-610. Study on Cost Savings Due to Incentive Programs for Shopping for Healthcare Services at Lower Costs

  The Tennessee advisory commission on intergovernmental relations (TACIR) is directed to perform a study of any cost savings realized by enrollees with health plans, including private health plans and state funded health plans, in states that have adopted legislation or programs that require carriers offering health plans in those states to offer incentive programs to enrollees for shopping for healthcare services at lower costs, commonly referred to as “Right to Shop” legislation or programs. The study shall include, at a minimum, an examination of savings realized by such programs in Maine, New Hampshire, Florida, Arizona, and Kentucky.   All appropriate state departments and agencies shall provide assistance to TACIR.   TACIR shall report its findings to the general assembly no later than December 2020.
TN Code § 56-7-701 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 7 - Industrial Insurance|§ 56-7-701. “Industrial Life Insurance” Defined

 “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:   Under which the premiums are payable weekly; or   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.
TN Code § 56-7-703 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 7 - Industrial Insurance|§ 56-7-703. Industrial Life Insurance Policies to Which Preceding Section Inapplicable — Provisions in Addition to Other Requirements

 The requirements of § 56-7-702 shall not be applicable as follows:   When an industrial life insurance policy is issued providing for accident and/or health benefits, in addition to natural death benefits, the requirements of § 56-7-702 shall apply only to the life insurance portion of the policy;   Any of § 56-7-702(a) not applicable to nonparticipating or term policies shall to that extent not be incorporated into the policies. Section 56-7-702(a) does not apply to policies issued or granted pursuant to the nonforfeiture provisions described in § 56-7-702(b)(6)-(8); and in the case of any company that elects to comply with §§ 56-7-401 and 56-7-702(b)(6)-(8) and (10) shall apply only to policies issued prior to the operative date of § 56-7-401. Furthermore, in the case of term insurance policies of twenty (20) years or less that are not subject to §§ 56-7-401 and 56-7-702(b)(6)-(8) shall not be required, but the term policies shall specify the mortality table, rate of interest, and method of valuation for computing reserves;   The provisions of § 56-7-702 are in addition to, and not in lieu of, other provisions that may now or hereafter be contained in policies delivered or issued for delivery in this state, unless the provisions are wholly inconsistent with and repugnant to the provisions set out in § 56-7-702.
TN Code § 56-7-704 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 7 - Industrial Insurance|§ 56-7-704. Provisions in Industrial Life Insurance Policies More Favorable to Policyholder Permissible

 Any industrial life insurance contracts may be delivered or issued for delivery in this state, which contracts contain provisions more favorable to the policyholder than those required by §§ 56-7-701 — 56-7-704, and nothing in §§ 56-7-701 — 56-7-704 shall be construed as prohibiting more favorable provisions.
TN Code § 56-7-705 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 7 - Industrial Insurance|§ 56-7-705. Misrepresentations as to Terms, Benefits, or Advantages of Industrial Life, Health or Accident Insurance Policies Forbidden — “Industrial Insurance” Defined

 No insurance company or association transacting an industrial life, health, or accident business in this state, and no officer, director, or agent thereof, shall knowingly issue, circulate, or cause to be issued or circulated, any estimate, illustration, circular, or statement of any sort misrepresenting the terms of any policy issued by it, or the benefits or advantages promised by the policy, or dividends or shares or surplus to be received on the policy, or shall use any name or title of any policy or class of policies that misrepresent the true nature of the policy; provided, that “industrial insurance”, as used in this section, means insurance on which the premiums are payable in weekly installments.
TN Code § 56-7-706 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 7 - Industrial Insurance|§ 56-7-706. Premiums or Assessments for Industrial or Fraternal Insurance Not to Be Received After Insolvency

 No officer, director, or agent of an insurance company or association transacting an industrial insurance business in this state shall knowingly and willfully receive any premium or assessment on behalf of any industrial insurance company or association or fraternal organization, knowing at the time of receipt of the premium or assessment that the company or association is insolvent according to the laws of the state of the organization of the company, without giving notice to the person paying the premium or assessment.
TN Code § 56-7-707 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 7 - Industrial Insurance|§ 56-7-707. Industrial or Fraternal Insurance Policies or Certificates Not to Be Issued to Unhealthy Persons

 No officer, director, agent, physician, or other person shall, with intent to defraud, knowingly issue or cause to be issued or aid in issuing an industrial policy or benefit certificate to any infirm or unhealthy person who is not in insurable condition, nor aid in reinstating in membership or policy standing any infirm or unhealthy person.
TN Code § 56-7-708 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 7 - Industrial Insurance|§ 56-7-708. Fraudulent Statements in Application or Claim Under Industrial or Fraternal Insurance Forbidden

 No person shall knowingly or willfully make or aid in making any false or fraudulent statement of any material fact or thing in any written statement or certificate for the purpose of procuring or attempting to procure the payment of any false or fraudulent claim against any industrial insurance company or fraternal or benefit association, and no person shall make any false or fraudulent statement in any application for insurance, or as to the death or disability of the policy or certificate holder for the purpose of obtaining any money or benefit from the industrial insurance company or fraternal or benefit association licensed to do business in this state.
TN Code § 56-7-709 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 7 - Industrial Insurance|§ 56-7-709. Penalty for Violation of §§ 56-7-705 — 56-7-708

 Any violation of  §§ 56-7-705 — 56-7-708 is a Class C misdemeanor.
TN Code § 56-7-801 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 8 - Fire Insurance|§ 56-7-801. Inspection of Property Insured Against Fire — No Insurance Exceeding Fair Value of Property

  Within ninety (90) days after making or writing any contract of fire insurance on any building or structure in this state, the company, its designee or agent, shall cause the building or structure to be inspected.   No company, agent or insurance producer shall knowingly issue, negotiate, continue or renew, or cause or permit to be issued, negotiated, continued or renewed any fire insurance policy upon property or interests in the property within this state of an amount that, with any existing insurance on the property, exceeds the fair value of the property.
TN Code § 56-7-802 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 8 - Fire Insurance|§ 56-7-802. Measure of Damages for Loss by Fire — Insured Reimbursed for Excess Premiums

 If buildings within the state insured against loss by fire are totally destroyed by fire, the company shall not be liable beyond the actual value of the insured property at the time of the loss or damage; and if it appears that the insured has paid premiums on an amount in excess of the actual value, the insured shall be reimbursed the proportionate excess or premiums paid on the difference between the amount named in the policy and the actual value, with interest at six percent (6%) per annum from the date of issue; and the excess of premiums, and interest on the premiums, shall be allowed the insured from the time any companies carrying the insurance at the time of the loss have continuously carried the insurance on the destroyed buildings, whether under policies existing at the time of the loss or under previous policies in the same companies.
TN Code § 56-7-803 (2021)
2021 Tennessee Code|Title 56 - Insurance|Chapter 7 - Policies and Policyholders|Part 8 - Fire Insurance|§ 56-7-803. Measure of Damages in Case of Agent's Failure to Inspect Property

 If the company, its designee or agent, fails to place a reasonable value on any insured property within the ninety-day period provided in § 56-7-801, and that is agreed to by the insured, and a loss occurs, then the value as shown by the policy or application is conclusively presumed to be reasonable, and settlement shall be made on that basis.