™Your Policy Risk Impact Agent
59 chapters · 1,882 sections in this title.
Tenn. Code Ann. § 56-40-101 Annual registration — Exclusion of catastrophic loss
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(a) Each plan that purchases a contract of insurance that provides for indemnification of claims made by plan participants, except in the event of a catastrophic loss, shall register annually with the department of commerce and insurance, in the manner and on forms prescribed by …
Tenn. Code Ann. § 56-40-102 Registration requirements
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(a) The registration requirements of this chapter include, but are not limited to:(1) The employer's name and insurance federal employer identification number;(2) The total number of employees covered by the employee welfare benefit plan;(3) The size of the insurance reserve fund…
Tenn. Code Ann. § 56-40-103 Accuracy of information
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The information registered and reported in accordance with § 56-40-102 shall be accurate as of the date of registration.
Tenn. Code Ann. § 56-40-104 Violations — Penalties
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Any plan that violates this chapter shall be subject to a fine and/or a civil penalty of not less than one hundred dollars ($100) nor more than one thousand dollars ($1,000) for each violation. Each year that a plan fails to register in accordance with this chapter constitutes a …
