Each insurer shall:

1. (1) Inform its field representatives or other personnel responsible for compliance with this rule of the requirements of this rule.
2. (2) Require with or as a part of each completed application for life insurance a statement signed by the applicant as to whether or not such proposed insurance will replace existing life insurance.

Authority: T.C.A. §§56—1—701, 56—2—301, 56—6—127 and 56—8—104. Administrative History: Original rule certified June 10, 1974. Repeal and new rule filed August 30, 1982; effective October 1, 1982. Repeal and new rule filed May 17, 1985; effective September 1, 1985.