2010 Tennessee Code
Title 56 - Insurance
Chapter 7 - Policies and Policyholders
Part 7 - Industrial Insurance
56-7-701 - “Industrial life insurance” defined.
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:
(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.
[Acts 1945, ch. 27, § 1; C. Supp. 1950, § 6447.1; T.C.A. (orig. ed.), § 56-1128.]
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