Current through Acts 2023-2024, ch. 1069
Section 56-7-3604 - Policy requirements - Regulatory authority(a) Family leave insurance may be written as: (1) An amendment or rider to a group disability income policy or life insurance policy, included in a group disability income policy or life insurance policy; or(2) A separate group insurance policy purchased by an employer.(b) Notwithstanding this title to the contrary, an insurer licensed in this state to sell life insurance or disability income insurance may issue a policy of family leave insurance in accordance with rules adopted by the commissioner.(c) The commissioner may promulgate rules to carry out this part and authorize the sale of family leave insurance in this state. The rules must be adopted in accordance with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5.Added by 2023 Tenn. Acts, ch. 91, s 1, eff. 1/1/2024.