Georgia insurance Exam 2025 Questions
and Answers
With whom may an agent legally share commissions - ANSWER-another agent
who is licensed in the same line of insurance
In Georgia, monthly premium accident and sickness insurance policies must
provide a grace period of at least - ANSWER-10 days
In Georgia, an example of an alien insurer would be one that is incorporated in -
ANSWER-france
Under which circumstances may the commissioner of insurance suspend, revoke,
or refuse to renew the license of an agent - ANSWER-agent is found guilty of
misrepresentation in obtaining the license
Who owns a stock company - ANSWER-its stockholders
Upon reaching the limiting age, a handicapped child can extend their accident and
sickness insurance coverage as dependent - ANSWER-only if the child is incapable
of employment and chiefly dependent on the policy owner
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
, All accident and sickness plans must provide coverage on newborn children for __
days - ANSWER-31 days
In the state of Georgia, every policy owner must be offered which of the following
- ANSWER-free-look period
Why would the commissioner examine an insurers records - ANSWER-to
determine the solvency of the company
Life insurance replacement regulation protects the interest of - ANSWER-the
policy owner
In Georgia, how long is the "free-look" period? - ANSWER-10 days
In Georgia, an accident and sickness policy that is paid on quarterly basis requires a
grace period of - ANSWER-31 days
Which Unfair Trade Practice involves an agent suggesting that an insurance policy
is like a share of stock - ANSWER-misrepresentation
Which type of insurance company allows their policy owners to elect a governing
body - ANSWER-mutual
An agent must have __ hours or ethics per continuing education reporting period -
ANSWER-3
An insurance agent is guilty of __ if the agent misrepresents a policy to induce a
policy owner to surrender an existing policy. - ANSWER-twisting
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
and Answers
With whom may an agent legally share commissions - ANSWER-another agent
who is licensed in the same line of insurance
In Georgia, monthly premium accident and sickness insurance policies must
provide a grace period of at least - ANSWER-10 days
In Georgia, an example of an alien insurer would be one that is incorporated in -
ANSWER-france
Under which circumstances may the commissioner of insurance suspend, revoke,
or refuse to renew the license of an agent - ANSWER-agent is found guilty of
misrepresentation in obtaining the license
Who owns a stock company - ANSWER-its stockholders
Upon reaching the limiting age, a handicapped child can extend their accident and
sickness insurance coverage as dependent - ANSWER-only if the child is incapable
of employment and chiefly dependent on the policy owner
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
, All accident and sickness plans must provide coverage on newborn children for __
days - ANSWER-31 days
In the state of Georgia, every policy owner must be offered which of the following
- ANSWER-free-look period
Why would the commissioner examine an insurers records - ANSWER-to
determine the solvency of the company
Life insurance replacement regulation protects the interest of - ANSWER-the
policy owner
In Georgia, how long is the "free-look" period? - ANSWER-10 days
In Georgia, an accident and sickness policy that is paid on quarterly basis requires a
grace period of - ANSWER-31 days
Which Unfair Trade Practice involves an agent suggesting that an insurance policy
is like a share of stock - ANSWER-misrepresentation
Which type of insurance company allows their policy owners to elect a governing
body - ANSWER-mutual
An agent must have __ hours or ethics per continuing education reporting period -
ANSWER-3
An insurance agent is guilty of __ if the agent misrepresents a policy to induce a
policy owner to surrender an existing policy. - ANSWER-twisting
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
