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Georgia Insurance Exam 2025 Questions and Answers

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Georgia Insurance Exam 2025 Questions and Answers

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Georgia Insurance Exam 2025 Questions
and Answers


An example of false advertising would be - ANSWER-An insurer exaggerating its

dividends in a magazine advertisement

Why would the Commissioner examine an insurer's records? - ANSWER-To

determine the solvency of the insurer

All accident and sickness plans MUST provide coverage on newborn children for

___ days. - ANSWER-31

An insurance agent is guilty of _____ if the agent misrepresents a policy to induce

a policyowner to surrender an existing policy. - ANSWER-twisting

In Georgia, long-term care policies are required to provide benefits for at least -

ANSWER-12 months

S takes out an accident and sickness insurance policy which contains a provision

that states that the agent does not have the authority to change the policy or waive

any of its provisions. Which health policy provision is this? - ANSWER-Entire

Contract




COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1

,The coordination of benefits (COB) provision exists in order to - ANSWER-avoid

duplication of benefit payments

During the application process, the agent's primary responsibility is to - ANSWER-

the insurance company

When is a group accident and health policy required to provide coverage for a

newborn child? - ANSWER-At the moment of birth

Cash surrendering an existing whole life policy and purchasing a new whole life

policy is referred to as a(n): - ANSWER-replacement

In Georgia, which of the following statements is CORRECT about life insurance

advertisements? - ANSWER-An insurance agency is responsible for

advertisements placed by its insurance agents

In Georgia, an insurer licensed to conduct business in Georgia, but domiciled in

New Jersey, is called a(n): - ANSWER-foreign company

Which document MUST accompany an application that initiates the replacement

of an existing life insurance policy? - ANSWER-A signed statement by the

applicant regarding the replacement

Which of the following documents must an agent submit to the replacing

insurance company during the replacement of an existing life insurance policy? -

ANSWER-Notice to existing and replacing insurers of intention to replace




COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2

, Which of the following situations does NOT apply to the Georgia Replacement

Rule? - ANSWER-An existing policyholder purchases an additional policy from

the same insurer

In Georgia, which of the following is considered an Unfair Trade Practice? -

ANSWER-Coercion

Insurance companies that are organized in countries outside the United States are

referred to as - ANSWER-alien

J is an agent who recently told a claimant that his rights might be impaired if he

does not complete a release form within a specified time. What could this agent be

found guilty of? - ANSWER-Coercion

Prior to a hearing that could potentially revoke an agent's license, what is required

by the Commissioner? - ANSWER-Giving written notice to the agent

Someone who is appointed by an insurer to engage in insurance transactions is

called a(n): - ANSWER-agent

What's the requirement for a nonresident agent license applicant? - ANSWER-

Being a licensed agent in the agent's home state

Which organization was established to provide funds to protect an insured in the

event of an insurer's insolvency? - ANSWER-Georgia Life and Health Insurance

Guaranty Association




COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3

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