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Terms Used In Tennessee Code 56-21-118

  • Contract: A legal written agreement that becomes binding when signed.

No policyholder shall be liable for any amount in excess of the regular premium and contingent premium as herein provided for and required to be stated in the policy or insurance contract; nor shall any policyholder be liable for losses or expenses accruing before the policy was issued, nor for losses or expenses accruing after the termination of the insurance.