GEORGIA LAWS AND LATEST
RULES
In Georgia, long-term care policies are required to provide benefits for at
least - ANSWERS-12 months
Defamation occurs when an agent makes a false statement intended to -
ANSWERS-malign another insurer
What is the purpose of the Life and Health Insurance Guaranty
Association? - ANSWERS-protects policyowners against insolvent
insurance companies
In Georgia, which of the following is considered an Unfair Trade
Practice? - ANSWERS-Coercion
The act of an insurance company publishing misleading information
about its policy's provisions is called - ANSWERS-False advertising
An example of unfair discrimination would be - ANSWERS-offering
different terms of coverage for different policyowners having the same
risk classification
END OF
PAGE
1
, GEORGIA LAWS AND LATEST
RULES
As a condition for a loan, a bank requires the borrower to purchase
credit insurance from a specific company. What is the bank guilty of? -
ANSWERS-Coercion
An agent's license can be suspended or revoked by - ANSWERS-writing
primarily controlled business
Cash surrendering an existing whole life policy and purchasing a new
whole life policy is referred to as a(n) - ANSWERS-Replacement
An example of rebating would be - ANSWERS-offering a client
something of value not stated in the contract in exchange for their
business
Which of these is NOT a requirement to obtain an insurance agent
license in Georgia? - ANSWERS-Graduate high school
An example of an unfair claims settlement practice is - ANSWERS-
turning down a claim without providing the basis of denial
END OF
PAGE
2
RULES
In Georgia, long-term care policies are required to provide benefits for at
least - ANSWERS-12 months
Defamation occurs when an agent makes a false statement intended to -
ANSWERS-malign another insurer
What is the purpose of the Life and Health Insurance Guaranty
Association? - ANSWERS-protects policyowners against insolvent
insurance companies
In Georgia, which of the following is considered an Unfair Trade
Practice? - ANSWERS-Coercion
The act of an insurance company publishing misleading information
about its policy's provisions is called - ANSWERS-False advertising
An example of unfair discrimination would be - ANSWERS-offering
different terms of coverage for different policyowners having the same
risk classification
END OF
PAGE
1
, GEORGIA LAWS AND LATEST
RULES
As a condition for a loan, a bank requires the borrower to purchase
credit insurance from a specific company. What is the bank guilty of? -
ANSWERS-Coercion
An agent's license can be suspended or revoked by - ANSWERS-writing
primarily controlled business
Cash surrendering an existing whole life policy and purchasing a new
whole life policy is referred to as a(n) - ANSWERS-Replacement
An example of rebating would be - ANSWERS-offering a client
something of value not stated in the contract in exchange for their
business
Which of these is NOT a requirement to obtain an insurance agent
license in Georgia? - ANSWERS-Graduate high school
An example of an unfair claims settlement practice is - ANSWERS-
turning down a claim without providing the basis of denial
END OF
PAGE
2
