Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
Does someone become a Georgia counselor by advertising the service without yet having a client?
Answer and explanation
Answer: A. Section 33-23-1(6) reaches an individual who engages, advertises, or holds himself or herself out as engaging in the business of counseling or advising as to benefits promised under a contract of insurance. Because advertising and holding out stand alongside engaging, no client and no completed fee arrangement is needed.Source: O.C.G.A. § 33-23-1 — 33-23-1(6), Advertising the service
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?
- A Georgia insurer does not itself set the differing rates, but knows its agents apply them within one class. Is the unfair discrimination provision engaged?
- A Georgia insurer has no shares to issue and cannot raise capital by selling equity. Which form is it?
- A Georgia insurer has no system of control over its advertisements and a misleading one reaches the public. What is the position?
- A Georgia insurer is both due for its periodic examination and under investigation for trade practices. Which authorities apply?
- A Georgia insurer refuses to pay a claim without looking into the facts. Which enumerated practice does that match?
592 Georgia questions like this one.
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