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-.07 - Credit Accident and Sickness Insurance Rates

(a) are reasonable in relation to the benefits and coverages provided;

(b) are neither excessive nor inadequate, nor shall they be unfairly discriminatory; and

(c) have been determined after due consideration has been given to past and prospective loss experience within and outside this State, to a reasonable margin for underwriting profits and contingencies, to past and prospective expenses both within and outside this State, to all other factors including judgment factors deemed relevant within and outside this State, and to such other relevant factors and data as the Commissioner may from time to time require.