In personal insurance, how many days advance notice is required for non-renewal?

Get more with Examzify Plus

Remove ads, unlock favorites, save progress, and access premium tools across devices.

FavoritesSave progressAd-free
From $9.99Learn more

Prepare for the Tennessee Property and Casualty Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

In personal insurance, particularly in the context of non-renewal of policies, a minimum notice period is established to protect the interests of policyholders and ensure they have sufficient time to seek alternative coverage if necessary. In Tennessee, insurers are required to provide a minimum of 30 days' advance notice to policyholders before non-renewing a personal insurance policy. This regulation is in place to promote transparency and allow consumers time to make informed decisions, which is essential for maintaining proper coverage and minimizing gaps in insurance. Thus, selecting 30 days as the correct answer aligns with the legal requirements in Tennessee's insurance laws concerning personal insurance non-renewals.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy