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Georgia Insurance Regulations Overview
Study Guide 100% Verified.
Transacting insurance - Answer✔Includes soliciting, negotiating, and making insurance
contracts
Agent - Answer✔Person soliciting insurance on behalf of an insurer
Domestic insurer - Answer✔Incorporated in Georgia
Foreign insurer - Answer✔Organized in a state other than Georgia
Alien insurer - Answer✔Organized in another country
Insurance Commissioner - Answer✔Elected by the people of Georgia for a 4-year term
Insurance Code - Answer✔Regulates insurers and producers in the state
Agent Licensing - Answer✔Required for individuals selling insurance
Licensing Exam - Answer✔Must be taken within 12 months of completing prelicensing
education
1
Georgia Insurance Regulations Overview
Study Guide 100% Verified.
Transacting insurance - Answer✔Includes soliciting, negotiating, and making insurance
contracts
Agent - Answer✔Person soliciting insurance on behalf of an insurer
Domestic insurer - Answer✔Incorporated in Georgia
Foreign insurer - Answer✔Organized in a state other than Georgia
Alien insurer - Answer✔Organized in another country
Insurance Commissioner - Answer✔Elected by the people of Georgia for a 4-year term
Insurance Code - Answer✔Regulates insurers and producers in the state
Agent Licensing - Answer✔Required for individuals selling insurance
Licensing Exam - Answer✔Must be taken within 12 months of completing prelicensing
education
1
