Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
A Georgia professional has advised two clients informally about their policy benefits and now advertises the service. What is the significance?
Answer and explanation
Answer: B. Section 33-23-1(6) reaches an individual who engages, advertises, or holds himself or herself out as engaging in the business of counseling, advising, or rendering opinions as to benefits promised under a contract of insurance. Engaging and advertising each bring the person within it, and no fee element is stated.Source: O.C.G.A. § 33-23-1 — 33-23-1(6), Holding out
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