Tennessee § 56-7-903 - Applicability of credit life insurance provisions.
Full text of Tennessee Tennessee Code Annotated § 56-7-903 — Applicability of credit life insurance provisions., with citation guidance and answers to common questions.
§ 56-7-903. Applicability of credit life insurance provisions.
All life insurance policies and certificates issued in connection with loans or credit transactions for a duration of fifteen (15) years or less shall be subject to § 56-7-902 — 56-7-912 , except in connection with a loan or other credit transaction where the period of coverage on the debtor determined at date of issuance of the coverage is of more than ten (10) years' duration. Insurance shall not be subject to § 56-7-902 — 56-7-912 where the issuance of the insurance is an isolated transaction on the part of the insurer not related to an agreement or a plan for insuring debtors of the creditor. Acts 1985, ch. 107, § 3; 1988, ch. 709, § 2. Compiler's Notes. Acts 1985, ch. 107, § 1 provided that §§ 56-7-903 — 56-7-913 shall be known as The Credit Life Insurance Act of 1985. Acts 1985, ch. 107, § 6 provided that nothing in that act shall repeal or supersede §§ 56-2-208 , 56-7-902 , 56-7-1604 , or 56-7-1605 . Chapter 107 is compiled primarily as §§ 56-7-903 — 56-7-913 . Cross-References. Claims, § 56-7-910 . Combinations of insurance, § 56-2-114 .
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 56-7-903
What does Tennessee Code Annotated § 56-7-903 cover?
Section 56-7-903 ("Applicability of credit life insurance provisions.") 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 § 56-7-903?
A common citation format is "Tennessee Code Annotated § 56-7-903" (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 § 56-7-903 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.