“Industrial Life Insurance” Defined

  1. Law
  2. Tennessee Code
  3. Insurance
  4. Policies and Policyholders
  5. Industrial Insurance
  6. “Industrial Life Insurance” Defined

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“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.


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