Tennessee Code 56-21-115 – Regular and contingent premium information in policy
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 56-21-115
- Contract: A legal written agreement that becomes binding when signed.
- written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105
The amount of the regular premium and the contingent premium shall be plainly written on the outside or title page of the policy, and it shall be plainly stated in the policy or insurance contract that it is issued in consideration of the regular premium, and the further contingent premium of not less than the same amount in addition to the premium.