Life insurance by state · TN
Life insurance in Tennessee
What Tennessee law gives you, which carriers quote in Tennessee, and how to get covered — from an independent agency licensed in Tennessee.
The short answer
Tennessee residents can choose from 11 final expense and 15 term life carriers we work with that quote in Tennessee. New policies typically come with a 10-day free look, and the state guaranty association backs life insurance death benefits up to $300,000.
Your protections in Tennessee
| Regulator | Tennessee Department of Commerce & Insurance – Insurance Division |
|---|---|
| Free-look period | Typically at least 10 days · 20 days for replacement policies (Tenn. Comp. R. & Regs. 0780-01-24-.07(4)) |
| Guaranty association | Tennessee Life & Health Insurance Guaranty Association: up to $300,000 death benefit, $100,000 cash value (overall per-person cap applies) |
| Community property state | No |
| State estate / inheritance tax | Estate tax: no · Inheritance tax: no |
Good to know in Tennessee
- Tennessee's insurance department says insurers have 60 days to pay a death claim, and under Tenn. Code Ann. § 56-7-315 interest is owed starting the 15th day after the date of death, at no less than the insurer's current rate on proceeds left on deposit. Source
- Tennessee preneed (prepaid) funeral sellers and sales agents are regulated by the Burial Services section of the Department of Commerce & Insurance under the Tennessee Prepaid Funeral Benefits Act, whose auditors examine preneed funeral funds. Source
Carriers we work with that quote in Tennessee
Final expense / burial: Aetna · American Amicable · American Home Life · Americo · Fidelity · Foresters · Mutual of Omaha · NewBridge · Royal Neighbors · Transamerica · UHL
Term life: American Amicable · Americo · Catholic Financial · Foresters · InstaBrain · John Hancock · Kansas City Life · Mutual of Omaha · National Life Group · Primerica · Protective · Royal Neighbors · SBLI · Transamerica · UHL
From our quoting system’s Tennessee results (September 2026). Product availability and rules vary by carrier and change over time.
How to get covered in Tennessee
- Figure out how much you need — final expense calculator or mortgage protection calculator.
- See typical prices by age — life insurance cost by age.
- Tell us your health history — we match you to the Tennessee carrier most likely to approve you at the best price (condition guides).
- Apply by phone with an e-signature — many decisions are instant or same-day.
Licensed in Tennessee. Compare dozens of carriers in one free call — no pressure.
Get my quotes → Call 586-343-1505Sources: Regulator · Guaranty association · Free-look rule · Estate/inheritance tax
Straight answers
Life insurance in Tennessee — FAQ
How long is the free-look period for life insurance in Tennessee?
New individual life insurance policies sold in Tennessee typically give you at least 10 days to review the policy and cancel for a full refund (20 days for replacement policies (Tenn. Comp. R. & Regs. 0780-01-24-.07(4))). The exact window is printed on your policy’s first page.
What happens to my life insurance if the company fails in Tennessee?
The Tennessee Life & Health Insurance Guaranty Association protects Tennessee residents up to $300,000 in life insurance death benefits and $100,000 in cash value, subject to an overall per-person cap. It’s a backstop — choosing a financially strong carrier still matters.
Who regulates life insurance in Tennessee?
The Tennessee Department of Commerce & Insurance – Insurance Division. You can verify an agent’s license or file a complaint with them.
Can I buy life insurance in Tennessee by phone?
Yes. United Eagles Financial is licensed for life insurance in Tennessee; most applications are done by phone or video with an electronic signature.