Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
How does Georgia define an insurance agent?
Answer and explanation
Answer: D. Section 33-23-1(3) defines an agent as an individual appointed or employed by an insurer who sells, solicits, or negotiates insurance, and also as an individual insurance producer. Advising for a fee describes a counselor under (6), and neither receipt of commission nor holding a license alone supplies the definition.Source: O.C.G.A. § 33-23-1 — 33-23-1(3), Agent defined
More georgia laws, rules, and regulations pertinent to life, accident, and sickness insurance questions
- An agent's misleading comparison is made to one client in a meeting rather than published. Which paragraph of section 33-6-4 fits better?
- An applicant concealed a material fact on the Georgia license application, discovered after issue. What ground applies?
- An insurer files a knowingly false statement of its financial condition with a Georgia public official. Which provision applies?
- An insurer formed under Alabama law writes business in Georgia. How does Georgia classify it?
- An insurer formed under the laws of Ontario writes business in Georgia. How is it classified?
- An insurer relocates out of Georgia. What does section 33-2-11 provide about examinations afterward?
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