Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
Do preliminary negotiations count as transacting insurance in Georgia?
Answer and explanation
Answer: D. Section 33-1-2(9) includes preliminary negotiations alongside solicitation and inducement, effectuation of a contract, and matters arising afterward. A completed contract, a premium, and a signed application are not preconditions.Source: O.C.G.A. § 33-1-2 — 33-1-2(9), Preliminary negotiations
More georgia laws, rules, and regulations pertinent to life, accident, and sickness insurance questions
- When do the penalties in section 33-6-9 become available to the Georgia Commissioner?
- Which activities does Georgia include within transacting insurance?
- Which activity places a person within Georgia's counselor definition?
- Which conduct appears among the grounds on which the Georgia Commissioner may refuse, suspend, or revoke a license?
- Which conviction is a ground for license action under section 33-23-21?
- Which enumerated practice concerns an insurer that does not try to settle when liability is clear?
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