Section 0780-01-04-.12 - LICENSED AGENT(1) All individual policies of credit insurance and all certificates of group credit insurance for which an identifiable charge is made shall be issued through agents who have qualified as agents under Title 56, Chapter 8, Tennessee Code Annotated. Attention is called specifically to the exemption from examination requirements in Section 56-806, which pertains only to persons acting as agents for group credit insurance. At least one person so licensed shall be available in each location where credit insurance is offered.(2) All premiums or identifiable charges collected shall be paid the insurer within the terms of an agency contract or group policy. All agency contracts shall be in accordance with these Rules. Each company shall file with the Commissioner a specimen of each of its agency contract forms, accompanied by a certification that no contract or modification of a contract, oral or written, has or will be used other than that on file with the Commissioner.Tenn. Comp. R. & Regs. 0780-01-04-.12
Original rule certified June 10, 1974.Authority: T.C.A. §§ 45-5-403, 56-7-901 and 56-8-110.