Tennessee SB 1173: Insurance Companies, Agents, Brokers, Policies - As enacted, allows the owner of a prearrangement insurance policy, and not just the beneficiary, to irrevocably assign the policy or policy benefits to a funeral establishment if the insurance company issuing the policy does not offer a funeral trust, or only offers a funeral trust for an additional charge. - Amends TCA Title 56 and Title 62, Chapter 5, Part 4.

Status: Effective date(s) 05/10/2019 (as of 2019-05-15)

State: Tennessee · Session: 111 · Bill: SB 1173

Subjects: Insurance Companies, Agents, Brokers, Policies

Sponsors: Hicks, Swann

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