Georgia Laws, Rules, and Regulations Pertinent to Life, Accident, and Sickness Insurance
Which of these does section 33-6-4(2) expressly cover?
Answer and explanation
Answer: B. Section 33-6-4(2) names the terms of the policy, the benefits or advantages promised, and the dividends or share of the surplus to be received among the things that may not be misrepresented. Commission, medical history, and third-party financial ratings are not what the paragraph enumerates.Source: O.C.G.A. § 33-6-4 — 33-6-4(2), Dividends and surplus
More georgia laws, rules, and regulations pertinent to life, accident, and sickness insurance questions
- An agent repeats a false claim about a competitor's finances believing it to be true. Is section 33-6-4(3) engaged?
- An agent's account of a competitor's finances is technically accurate in each figure but leaves an impression far from the truth. Is section 33-6-4(3) engaged?
- 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?
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