Tenn. Code Ann. tit. 56, ch. 2: Insurance Companies

What this document is

Tenn. Code Ann. tit. 56, ch. 2 - Insurance Companies is a state statute published by Justia (law.justia.com), 2025 Tennessee Code. It is one of the Tennessee documents that insurance license exam questions are written from, including tennessee property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• Tenn. Code Ann. § 56-2-201(5)(A) (Property insurance defined)

  ““Property insurance” means insurance against loss of or damage to real or personal property of every kind and interest in the real or personal property, from any or all hazards or causes, and against loss consequential upon the loss or damage”

• Tenn. Code Ann. § 56-2-201(2)(L) (Workers' compensation and employer's liability insurance)

  ““Workers' compensation and employer's liability insurance,” which is insurance of the obligations accepted by, imposed upon, or assumed by employers under law for death, disablement, or injury of employees”

• Tenn. Code Ann. § 56-2-201(2)(J) (Professional liability insurance)

  ““Professional liability insurance,” which is insurance against legal liability of the insured, and against loss, damage or expense incident to a claim of legal liability, and including any obligation of the insured to pay medical, hospital, surgical and funeral benefits to injured persons,...”

• Tenn. Code Ann. § 56-2-201(2)(G) (Liability insurance; incidental medical benefits)

  ““Liability insurance,” which is insurance against legal liability for the death, injury, or disability of any person, or for damage to property; and insurance of medical, hospital, surgical and funeral benefits to persons injured, regardless of legal liability of the insured, when issued as an...”

• Tenn. Code Ann. § 56-2-201(6)(B) (Surety insurance; fidelity insurance)

  ““Surety insurance” includes: (A) Credit insurance; (B) “Fidelity insurance,” which is insurance guaranteeing the fidelity of persons holding positions of public or private trust”

• Tenn. Code Ann. § 56-2-119(a) (Insurance company's address to appear on policy)

  “On every policy of insurance covering risks in this state that is issued after July 1, 1991, by an insurance company doing business in this state, there shall be printed the address of the company's home office, regional office or service center”

• Tenn. Code Ann. § 56-2-109 (No action without certificate of authority)

  “The failure of a company to obtain a certificate of authority shall not impair the validity of any act or contract of the company, and shall not prevent the company from defending any action at law or suit in equity in any court of this state; but no company transacting insurance business in this...”

• Tenn. Code Ann. § 56-2-305(d) (Violations; commissioner's orders; producers)

  “This section does not apply to individual or business entity insurance producers licensed pursuant to chapter 6, part 1 of this title”

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More Tennessee sources

• Tenn. Code Ann. s. 56-8-104: Unfair trade practices definedState statute
• Tenn. Code Ann. tit. 56, ch. 6 - Insurance Producers (Tennessee Insurance Producer Licensing Act of 2002)State statute
• Tenn. Code Ann. tit. 56, ch. 7 - Policies and Policyholders (life, accident and health, and group provisions)State statute
• Tenn. Code Ann. tit. 56, ch. 12 - Insurance Guaranty Association Act (Part 1) and Tennessee Life and Health Insurance Guaranty Association Act (Part 2, 56-12-201 et seq.)State statute
• Tenn. Code Ann. tit. 56, ch. 32 - Health Maintenance Organization Act of 1986State statute
• Tennessee Insurance Content OutlinesCandidate handbook or exam outline
• Tennessee Insurance Licensing Candidate HandbookCandidate handbook or exam outline
• 2025 Tenn. Pub. Ch. 150 (HB 1045): Tenn. Code Ann. Section 56-7-203, life insurance and annuity proceeds exempt from creditors' claimsState statute