Tennessee · 114th Regular Session (2025-2026) · Bill

HB 59: Insurance, Life - As introduced, for life insurance policies issued, amended, or renewed on or after July 1, 2025, prohibits the issuer of the policy from collecting premiums from the policy holder once the policy holder has made premium payments, in the aggregate, equal to the amount of coverage under the life insurance policy. - Amends TCA Title 56.

In committee Last action January 27, 2025: Withdrawn.

Plain-language summary

HB 59 is a bill introduced in the Tennessee House on January 6, 2025. According to its official title, it concerns: Insurance, Life - As introduced, for life insurance policies issued, amended, or renewed on or after July 1, 2025, prohibits the issuer of the policy from collecting premiums from the policy holder once the policy holder has made premium payments, in the aggregate, equal to the amount of coverage under the life insurance policy. - Amends TCA Title 56. Primary sponsor: Yusuf Hakeem (Democratic). Most recent recorded action (January 27, 2025): Withdrawn.

Sponsors

Primary sponsor: Yusuf Hakeem (Democratic).