Written agreement to charges — Contents of contract

Tenn. Code Ann. § 56-6-303, under Time-Price Differential Payment of Agents.

Tenn. Code Ann. § 56-6-303

(1) In the event time-price differential charges are made pursuant to this part, the purchaser of insurance must agree to the charges in writing, and the instrument must contain: (1) The cash price of the insurance policy or bond and the amount of the initial payment, if any; (2) The difference between the two (2), if any; (3) The principal balance owed;(4) The amount of the time-price differential; and(5) The time balance owed by the buyer.

(1) The cash price of the insurance policy or bond and the amount of the initial payment, if any;

(2) The difference between the two (2), if any;

(3) The principal balance owed;

(4) The amount of the time-price differential; and

(5) The time balance owed by the buyer.