GA Pre-License Certification Exam -
Georgia Accident/Sickness Law
Passing out a brochure that misstates a competitor's financial ability to
pay claims is an unfair trade practice known as: - ,,,answer,,,..Defamation
A Florida insurer who is authorized to do business in this State is known
as a(n) _______ insurer: - ,,,answer,,,..Foreign
The Commissioner of Insurance is: - ,,,answer,,,..Elected by the people of
Georgia
The state insurance code regulates all of the following EXCEPT: -
,,,answer,,,..The number of people that may serve on an insurer's board of
directors
An agent may be in violation of the rules regarding 'controlled business'
once his amount of controlled business is ____ percent or more of his
premiums. - ,,,answer,,,..25%
Long term care insurance sold in this State may not be offered as a(n)
__________ plan. - ,,,answer,,,..Fee-for-service
Producers must report any change in their business address to the
Commissioner within __ days. - ,,,answer,,,..30
All of the following are true regarding insurers selling Medicare
Supplement policies in this State EXCEPT: - ,,,answer,,,..They must sell all
standardized plans
All of the following are true regarding subagents EXCEPT: -
,,,answer,,,..They cannot receive commissions
Georgia Accident/Sickness Law
Passing out a brochure that misstates a competitor's financial ability to
pay claims is an unfair trade practice known as: - ,,,answer,,,..Defamation
A Florida insurer who is authorized to do business in this State is known
as a(n) _______ insurer: - ,,,answer,,,..Foreign
The Commissioner of Insurance is: - ,,,answer,,,..Elected by the people of
Georgia
The state insurance code regulates all of the following EXCEPT: -
,,,answer,,,..The number of people that may serve on an insurer's board of
directors
An agent may be in violation of the rules regarding 'controlled business'
once his amount of controlled business is ____ percent or more of his
premiums. - ,,,answer,,,..25%
Long term care insurance sold in this State may not be offered as a(n)
__________ plan. - ,,,answer,,,..Fee-for-service
Producers must report any change in their business address to the
Commissioner within __ days. - ,,,answer,,,..30
All of the following are true regarding insurers selling Medicare
Supplement policies in this State EXCEPT: - ,,,answer,,,..They must sell all
standardized plans
All of the following are true regarding subagents EXCEPT: -
,,,answer,,,..They cannot receive commissions
