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 120-2-27 - CREDIT LIFE AND CREDIT ACCIDENT AND SICKNESS INSURANCE FORMS
Rule 120-2-27-.02 - Purpose
Current through Rules and Regulations filed through March 20, 2024
The Purpose of this Regulation is:
(1) To implement the Insurance Laws of this State with respect to the filing of Credit Life and Credit Accident and Sickness Insurance Forms in this State;
(2) To protect the interests of the credit life and credit accident and sickness insurance public by establishing and maintaining guidelines and standards pertaining to Credit Life and Credit Accident and Sickness Insurance Forms for the purpose of maintaining rates which are reasonable in relation to benefits provided, and are not unjust, unfair, inequitable, misleading, deceptive, or which encourage misrepresentation of the policy.
Ga. L. 1960, pp. 289, 305, 333, 393, 657, 714, 734, 747, 750.
