Georgia Rules and Codes Pertinent to Life Insurance Only
A Georgia insurer set up an advertising control system some years ago and has not maintained it. Does the rule still bind?
Answer and explanation
Answer: B. Rule 120-2-11-.04 requires each insurer to establish and at all times maintain the system of control. Establishing it once is not enough, the duty does not depend on a problem having surfaced, and it is not limited to insurers using vendors.Source: Ga. Comp. R. & Regs. r. 120-2-11-.04 — 120-2-11-.04, Continuing obligation
More georgia rules and codes pertinent to life insurance only questions
- An item falls within the regulation's definition of an advertisement and contains a misleading assertion. What follows?
- Does Georgia's advertising regulation reach material about advice or service related to a life policy, rather than the policy itself?
- Does Georgia's advertising rule reach material about an insurer rather than about a policy?
- How broadly does Georgia's advertising regulation define an advertisement?
- How do Georgia's advertising rule and the unfair trade practices statute fit together?
- How do the record-keeping duties of the replacing insurer and the existing insurer differ under rule 120-2-24-.06?
592 Georgia questions like this one.
Every answer explained, the ones you miss come back on a spaced schedule, and a plan built from your exam date.