Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
Does section 33-6-4(2) require the misrepresentation to appear in a formal document?
Answer and explanation
Answer: A. Section 33-6-4(2) reaches any estimate, illustration, circular, or statement, so the form is not confined to a formal document or to filed material. Nor does the paragraph condition the violation on the client acting, though a surrender is what typically brings the conduct to light.Source: O.C.G.A. § 33-6-4 — 33-6-4(2), Form of the statement
More georgia laws, rules, and regulations pertinent to life, accident, and sickness insurance questions
- Which enumerated practice concerns an insurer that does not try to settle when liability is clear?
- Which forms of communication does section 33-6-4(1) name?
- Which of these appears in section 33-23-21 even though it does not concern insurance conduct?
- Which of these does section 33-6-4(2) expressly cover?
- Which relationships does Georgia's definition of controlled business reach?
- Which set states Georgia's three insurer categories by formation?
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