You are asking more then one thing here.
- Why doesn't the Print module have an option to save as TIFF
- Why does the print module exist
- What advantages does TIFF have over JPEG
Answers below:
- It is anybody's guess who isn't on the development team, but it has been requested as a feature to add in the future(here and here).
- Its main advantages are to setup contact sheets and customized layouts via templates
- See existing answers here: Should I use JPG or TIFF for high-quality prints?Should I use JPG or TIFF for high-quality prints?