Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
How does a Georgia counselor differ from a subagent?
Answer and explanation
Answer: B. Section 33-23-1(6) defines the counselor by advising on benefits promised under a contract of insurance, while (16) defines the subagent as a licensed agent acting for or on behalf of another licensed agent in selling, soliciting, or negotiating. Both are licensed, and claims work belongs to adjusters.Source: O.C.G.A. § 33-23-1 — 33-23-1(6) compared with (16)
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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