Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
What element does section 33-6-4(1) require that section 33-6-4(2) does not?
Answer and explanation
Answer: C. Section 33-6-4(1) is framed around an advertisement, announcement, or statement placed before the public, while (2) reaches an estimate, illustration, circular, or statement misrepresenting a policy's terms without that publication element. Neither requires a licensed speaker, a particular line, or a completed sale.Source: O.C.G.A. § 33-6-4 — 33-6-4(1), Placed before the public
More georgia laws, rules, and regulations pertinent to life, accident, and sickness insurance questions
- A Georgia agency runs a radio advertisement whose claim about coverage is misleading though not literally false. How does section 33-6-4 treat it?
- A Georgia agency wishes to pay a share of commission to an unlicensed person who introduced a client. What does section 33-23-4 address?
- A Georgia agent circulates a written claim that a competing insurer is nearly insolvent, knowing it to be false. Which provision applies?
- A Georgia agent circulates an illustration that overstates what a policy will pay. Which provision applies?
- A Georgia agent is found to have violated a regulation of the Commissioner. Is that a license ground?
- A Georgia agent makes the same false claim about a competitor's finances, but only in conversation. Does section 33-6-4(3) still apply?
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