Compilation of Rules and Regulations of the State of Georgia
Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER
Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE
Subject 120-2-1 - ORGANIZATION
Rule 120-2-1-.05 - Life and Accident and Sickness Section

Universal Citation: GA Rules and Regs r 120-2-1-.05

Current through Rules and Regulations filed through September 23, 2024

(1) The Commissioner is charged by O.C.G.A. Section 33-24-9 with the responsibility of disapproving policy forms filed under such Code section or withdrawing any approval previously granted by him if he finds that such policies do not meet the requirements of O.C.G.A. Section 33-24-10. In complying with the provisions of O.C.G.A. Section 33-24-9, the Commissioner has deemed it appropriate to establish the Life and Accident and Sickness Section to assure that life and accident and sickness insurance policies issued with this State fully comply with the provisions of O.C.G.A. Title 33.

(2) A policy form shall be disapproved or any previous approval withdrawn if it:

(a) Is in any respect in violation of or does not comply with O.C.G.A. Title 33;

(b) Contains or incorporates by reference any inconsistent, ambiguous, or misleading policies, or exceptions and conditions which deceptively affect the risk purportedly assumed in the general coverage of the contract;

(c) Has any title, heading, or other indication of its provisions which is misleading;

(d) Is printed or otherwise reproduced in such manner as to render any provision of the form substantially illegible or not easily legible to persons of normal vision; or

(e) Contains provisions which are unfair or inequitable or contrary to the public policy of this State or would, because such provisions are unclear or deceptively worded, encourage misrepresentation.

(3) The section shall receive and pass upon all advertising proposed for use by insurance companies writing sickness, accident and hospitalization insurance as required by law or regulation.

(4) The Life and Accident and Sickness Section is under the supervision and direction of an assistant director and such section has been delegated responsibility for administering paragraphs (1) through (3) of this Rule. All inquiries, requests, and submissions respecting the matters therein set forth should be directed to:

Life and Accident and Sickness Section

Office of Commissioner of Insurance

708 West Tower, Floyd Building

Two Martin Luther King, Jr., Drive

Atlanta, Georgia 30334

Ga. Laws 1960, pp. 289 and 306, as amended; O.C.G.A. Sec. 33-2-9.

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