What is the Policy Analysis Division?

If you are a Tennessee business owner, one of your responsibilities isto protect your business assets by purchasing commercial insurance. Many Tennessee company owners work in tandem with an experienced insurance agency. If your company is located in or near Memphis, TN, our team at Tackett Insurance, Inc. is ready to work with you to create your unique insurance portfolio.

What is the Policy Analysis Division?

Do you wonder what happens to an insurance policy after a client has signed it? The Tennessee Department of Commerce and Insurance wants to be sure every policy complies with Tennessee state law. The Department’s website describes the efforts of the Policy Analysis Division in auditing insurance companies and in educating the public. The division has three sections – each of which is dedicated to one category of insurance.

According to the Tennessee Department of Commerce and Insurance, the first sector of this division is dedicated to reviewing all life and health insurance policies. The second sector audits policies that can result in property or casualty claims. The third sector oversees all workers’ compensation policies. In addition to auditing policies for legality and fair pricing, these sectors are also involved in providing education to interested parties.

Call Us For an Appointment Today

Every business is different, and we can help you find the types of commercial insurance that are right for your company. Our team at Tackett Insurance, Inc. would like to form a business relationship with your team, which will help your insurance choices adapt as your business grows. Clients in the Memphis, TN area have been placing their trust in our insurance experts for years. Call us for an appointment today and allow us the privilege of working with you and your business.