Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
A Georgia advertisement compares two products in a way that is accurate about one and silent about a material limit on the other. What is the concern?
Answer and explanation
Answer: A. Section 33-6-4(1) prohibits material placed before the public containing an assertion that is untrue, deceptive, or misleading, and an accurate statement can still mislead where a material limit is left out. Comparison advertising is not banned, and the provision does not depend on which insurer objects.Source: O.C.G.A. § 33-6-4 — 33-6-4(1) applied to a comparison advertisement
More georgia laws, rules, and regulations pertinent to life, accident, and sickness insurance questions
- A Georgia insurer charges a higher rate to an applicant whose health history places him in a different underwriting class. Is that unfair discrimination?
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- A Georgia insurer has no system of control over its advertisements and a misleading one reaches the public. What is the position?
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