Tennessee Statutes
§ 56-4-204 — "Gross premiums" defined
Tennessee·Title 56
As used in this part, "gross premiums" means maximum gross premiums as provided in the policy contracts, new and renewal, including policy or membership fees, whether paid in part or in whole by cash, automatic premium loans, dividends applied in any manner whatsoever, and without deduction or exclusion of dividends in any manner; but excluding premiums returned on cancelled policies, or on account of reduction in rates, or reductions in the amount insured or experience rating refunds on life insurance policies and disability insurance policies.
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Related
Neff v. Cherokee Insurance Co.
704 S.W.2d 1 (Tennessee Supreme Court, 1986)
Tennessee Independent Colleges & Universities Association Benefit Consortium, Inc. v. Tennessee Department of Commerce & Insurance
(Court of Appeals of Tennessee, 2010)
Legislative History
Acts 1945, ch. 3, § 1; C. Supp. 1950, § 1248.41 (Williams, § 1248.169); Acts 1977, ch. 220, § 1; T.C.A. (orig. ed.), § 56-412.
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