(1) All resident
applicants required under Chapter 23 of Title 33 of the Official Code of
Georgia Annotated shall submit to examination by the Commissioner except:
(a) Applicants for agent licenses in lines or
sublines of life or accident and sickness insurance who hold the designation of
Chartered Life Underwriter (CLU) or Fellow Life Management Institute
(FLMI);
(b) Applicants for agent
licenses in lines or sublines of property and casualty who hold the designation
of Chartered Property and Casualty Underwriter (CPCU);
(c) Applicants for licenses as counselors who
hold the designation of Certified Insurance Counselor (CIC), Accredited Advisor
in Insurance (AAI), Registered Employee Benefits Consultant (REBC), CPCU as
specified in Rule
120-2-3-.09(1)(b),
CLU or FLMI as specified in Rule
120-2-3-.09(1)(a),
or applicants deemed by the Commissioner to have sufficient experience and
qualifications in the lines of authority for which the applicant seeks
licensure;
(d) Applicants for
Limited Health Counselor licensure that have five (5) years' experience
licensed as an agent in the line of accident and sickness;
(e) Applicants for Limited Health Counselor
licensure that hold the designation of CIC, CLU, FLMI, REBC and Registered
Health Underwriter (RHU);
(f)
Applicants for limited licenses in accordance with Rules
120-2-3-.29,
.31,
.32,
.39,
.44,
.45, and
.47 of this Regulation
Chapter;
(g) Applicants holding a
Ph.D. in Risk Management;
(h)
Adjusters who are salaried employees of insurers;
(i) Applicants for temporary
licenses;
(j) Applicants for credit
insurance agent licenses;
(k)
Applicants for a workers compensation adjuster license who hold the designation
of Certified Workers Compensation Professional (CWCP);
(l) Applicants for adjuster licenses who hold
the designation of Universal Claims Certification (UCC);
(m) Such other applicants as the Commissioner
may, at his discretion, determine.
(n) The applicant who was previously licensed
for the same lines of authority in another state shall not be required to
complete any prelicensing education or examination. This exemption is only
available if the individual is currently licensed in that state or if the
application is received within 90 days of the cancellation of the applicant's
previous license. The applicant must have been in good standing with the prior
state as evidenced by a certificate of good standing provided by that state and
verifiable in the producer data base records maintained by authorized systems.
(2) The passing grade on
examinations for licenses shall be seventy percent (70%).
(3) Any person taking an examination for
licensing and not receiving a passing grade shall not be entitled to retake the
examination until fourteen (14) days have elapsed, and will be required to pay
the appropriate fee. A person who fails to pass the examination after taking
the exam three (3) times shall not be entitled to retake the examination until
sixty (60) days have elapsed, and will be required to pay the appropriate
fees.
(4) A person who has not
filed an application within twelve (12) months of the date of receiving a
passing exam score will be required to retake the examination.
