Tennessee § 56-36-111 - Minimum forfeiture benefits.
Full text of Tennessee Tennessee Code Annotated § 56-36-111 — Minimum forfeiture benefits., with citation guidance and answers to common questions.
§ 56-36-111. Minimum forfeiture benefits.
For any contract that provides, within the same contract by rider or supplemental contract provisions, both annuity benefits and life insurance benefits that are in excess of the greater of cash surrender benefits or a return of the gross considerations with interest, the minimum nonforfeiture benefits shall be equal to the sum of the minimum nonforfeiture benefits for the annuity portion and the minimum nonforfeiture benefits, if any, for the life insurance portion computed as if each portion were a separate contract. Notwithstanding §§ 56-36-105 — 56-36-108 and 56-36-110 , additional benefits payable: In the event of total and permanent disability; As reversionary annuity or deferred reversionary annuity benefits; or As other policy benefits additional to life insurance, endowment and annuity benefits, and considerations for the additional benefits; shall be disregarded in ascertaining the minimum nonforfeiture amount, paid-up annuity, cash surrender and death benefits that may be required by this chapter. The inclusion of the additional benefits shall not be required in any paid-up benefits, unless the additional benefits separately would require minimum nonforfeiture amounts, paid-up annuity cash surrender and death benefits. Acts 1978, ch. 590, § 11; T.C.A., § 56-4611.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 56-36-111
What does Tennessee Code Annotated § 56-36-111 cover?
Section 56-36-111 ("Minimum forfeiture benefits.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 56-36-111?
A common citation format is "Tennessee Code Annotated § 56-36-111" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 56-36-111 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.