This rule applies to individual accident and health policies providing a deferred benefit payable at the expiration date of the policy or after a specified date(s) based upon an amount equal to all or a stated portion, not less than 80%, of the total premiums paid on the policy, reduced by all or a specified portion, not less than 20%, of the total claims paid under the policy.
Tenn. Comp. R. & Regs. 0780-01-29-.01
Authority: T.C.A. §§ 56-1-701 and 56-26-114.