House Bill 508 amends Tennessee Code Annotated by changing the notice period for certain insurance policies from "thirty (30) days" to "sixty (60) days." This adjustment aims to provide policyholders with a longer timeframe to respond to notifications related to their insurance coverage.
The bill is set to take effect on January 1, 2026, and will apply to all policies and certificates that are entered into, issued, delivered, amended, or renewed on or after that date. This change is intended to enhance consumer protection by allowing individuals more time to make informed decisions regarding their insurance policies.
Statutes affected: Introduced: 56-7-1506