Amends TCA Title 56, Chapter 37.

Tennessee HB0772 amends the "Premium Finance Company Act of 1980" to authorize licensees to charge a convenience fee for payments made by electronic means, such as credit or debit cards, to offset processing costs. The bill affects insured individuals who utilize premium finance agreements and includes provisions for service charges, delinquency charges, and handling charges related to dishonored payments. Key changes include the requirement for licensees to notify insureds of the convenience fee prior to payment and the stipulation that such fees cannot exceed actual processing costs.