1|Page
GEORGIA LAWS AND RULES QUESTIONS AND
CORRECT ANSWERS 2025
Who owns a a stock company?-correct-answer-its stockholders
An insurance agent is in violation of the Rules Governing Advertisement of Life
Insurance and Annuities if the agent takes which of the following actions during a
sales presentation?-correct-answer-Refers to guaranteed policy dividends
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?-correct-answer-
Entire Contract
Nonprofit life insurance providers that are covered by a special section in the
Florida insurance code are called-correct-answer-A fraternal life insurance
organization is a nonprofit provider of life insurance that is covered by a special
section of the Georgia insurance code
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A domestic insurance company in Georgia is considered a company that-correct-
answer-is incorporated and formed in Georgia
When is a group accident and health policy required to provide coverage for a
newborn child?-correct-answer-at the moment of birth
An insurance company which engages in boycott, coercion, and intimidation that
results in the unreasonable restraint of trade is committing a prohibited act under
Georgia insurance laws covering-correct-answer-unfair trade practices
Prior to a hearing that could potentially revoke an agent's license, what is required
by the Commissioner?-correct-answer-Giving written notice to the agent
In Georgia, an accident and sickness policy that is paid on quarterly basis requires
a grace period of-correct-answer-31 days
Life insurance replacement regulation protects the interest of-correct-answer-the
policyowner
GEORGIA LAWS AND RULES QUESTIONS AND
CORRECT ANSWERS 2025
Who owns a a stock company?-correct-answer-its stockholders
An insurance agent is in violation of the Rules Governing Advertisement of Life
Insurance and Annuities if the agent takes which of the following actions during a
sales presentation?-correct-answer-Refers to guaranteed policy dividends
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?-correct-answer-
Entire Contract
Nonprofit life insurance providers that are covered by a special section in the
Florida insurance code are called-correct-answer-A fraternal life insurance
organization is a nonprofit provider of life insurance that is covered by a special
section of the Georgia insurance code
, 2|Page
A domestic insurance company in Georgia is considered a company that-correct-
answer-is incorporated and formed in Georgia
When is a group accident and health policy required to provide coverage for a
newborn child?-correct-answer-at the moment of birth
An insurance company which engages in boycott, coercion, and intimidation that
results in the unreasonable restraint of trade is committing a prohibited act under
Georgia insurance laws covering-correct-answer-unfair trade practices
Prior to a hearing that could potentially revoke an agent's license, what is required
by the Commissioner?-correct-answer-Giving written notice to the agent
In Georgia, an accident and sickness policy that is paid on quarterly basis requires
a grace period of-correct-answer-31 days
Life insurance replacement regulation protects the interest of-correct-answer-the
policyowner
