Georgia Rules and Codes Pertinent to Life Insurance Only
How do Georgia's advertising rule and the unfair trade practices statute fit together?
Answer and explanation
Answer: B. Rule 120-2-11 sets the framework for advertising of life insurance and annuities, including the insurer's system of control, while section 33-6-4(1) makes an untrue, deceptive, or misleading assertion placed before the public an unfair method of competition. They operate together rather than one displacing the other.Source: O.C.G.A. § 33-6-4 — 33-6-4(1) read with 120-2-11
More georgia rules and codes pertinent to life insurance only questions
- 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 the record-keeping duties of the replacing insurer and the existing insurer differ under rule 120-2-24-.06?
- How long must a Georgia replacing insurer keep the Replacement Notice, the applicant's signed statement, and the replacement register?
- How must a Georgia replacing insurer's replacement register be organized?
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