Georgia Insurance Regulations Practice Questions
450 free Georgia-specific insurance regulation questions — licensing rules, replacement regulations, unfair practices, and GA insurance code duties tested on the Georgia Life & Health exam. Nationally applicable material lives in the other domains.
- 1.In Georgia, premiums collected by a licensed producer from applicants must be treated as:Difficulty 1/5GA specific
- 2.A producer receives her first Georgia license in March; her birthday falls in July. Approximately how long …Difficulty 2/5GA specific
- 3.An agent in Atlanta tells a policyholder that her current coverage will be cancelled unless she purchases a…Difficulty 2/5GA specific
- 4.In addition to administrative fines under O.C.G.A. § 33-6-9, what further remedy does the Insurance Commiss…Difficulty 2/5GA specific
- 5.Two years ago a Georgia producer completed the initial long-term care training course and has been selling …Difficulty 2/5GA specific
- 6.Which restriction applies to Medicare supplement policies sold in Georgia?Difficulty 1/5GA specific
- 7.A Georgia producer has held the CLU designation for years. Under Ga. Comp. R. & Regs. r. 120-2-3-.09, what …Difficulty 2/5GA specific
- 8.Following an investigation, the Insurance Commissioner intends to take action against a Georgia producer's …Difficulty 2/5GA specific
- 9.Before an insurer's conduct can constitute an unfair claims settlement practice under Georgia law, the cond…Difficulty 1/5GA specific
- 10.A Georgia insurer gives every customer who visits its booth a gift card, with no purchase or renewal requir…Difficulty 3/5GA specific
- 11.Under Georgia law, a producer license will NOT be granted or continued in which situation?Difficulty 3/5GA specific
- 12.When the Georgia Insurance Department verifies a nonresident applicant's home-state license status through …Difficulty 1/5GA specific
- 13.In a Georgia individual life policy, the standard policy loan provision may charge interest at a maximum ra…Difficulty 1/5GA specific
- 14.A Georgia licensee who has been licensed for fewer than 20 years must complete how much continuing educatio…Difficulty 1/5GA specific
- 15.A Georgia producer collects premium payments from clients and holds them before remitting to the insurer. H…Difficulty 2/5GA specific
- 16.An Atlanta insurer issued an individual accident and sickness policy three years ago. While reviewing a cla…Difficulty 3/5GA specific
- 17.Under O.C.G.A. § 33-24-3(a), an 'insurable interest' in the life or health of another person exists when th…Difficulty 1/5GA specific
- 18.A newly licensed Georgia producer receives an initial license term that differs from the standard two-year …Difficulty 2/5GA specific
- 19.A Savannah insurer repeatedly uses misleading advertisements. After notice and a hearing, the Commissioner …Difficulty 2/5GA specific
- 20.The Georgia Commissioner may deny a license application or revoke an existing license for which of the foll…Difficulty 2/5GA specific
- 21.A Georgia producer completes more continuing-education hours than the biennium requires. Under Ga. Comp. R.…Difficulty 3/5GA specific
- 22.An individual owns several nongroup life insurance policies issued by the same insolvent Georgia member ins…Difficulty 2/5GA specific
- 23.A producer in Columbus, Georgia persuades a policyholder to surrender an existing life policy by misstating…Difficulty 2/5GA specific
- 24.When a Georgia producer collects a premium from an applicant, the producer holds those funds:Difficulty 1/5GA specific
- 25.Including all renewals, what is the maximum total length of time a Georgia temporary license may run?Difficulty 1/5GA specific
- 26.Which statement correctly describes how Georgia treats controlled business?Difficulty 1/5GA specific
- 27.Under O.C.G.A. § 33-24-3(d), a Georgia corporation may have an insurable interest in an individual's life i…Difficulty 1/5GA specific
- 28.A Georgia life and accident and sickness producer who has been licensed for fewer than twenty years asks ho…Difficulty 2/5GA specific
- 29.A Georgia life insurance policy includes a long-term care rider. For purposes of coverage by the Georgia li…Difficulty 2/5GA specific
- 30.A policyholder brings a bad-faith action against a Georgia insurer under O.C.G.A. § 33-4-6. What additional…Difficulty 3/5GA specific
- 31.An independent advertising agency creates an insurance advertisement that a Georgia insurer's appointed age…Difficulty 1/5GA specific
- 32.Under Reg. 120-2-11-.10, which advertising practice is prohibited?Difficulty 2/5GA specific
- 33.What is the initial duration of a temporary insurance license issued in Georgia?Difficulty 1/5GA specific
- 34.Which statement correctly describes Medicare Supplement enrollment rights for Georgia residents?Difficulty 3/5GA specific
- 35.A Georgia applicant plans to use a new producer license to write coverage only on property and interests of…Difficulty 3/5GA specific
- 36.Under Ga. Comp. R. & Regs. r. 120-2-3-.09, how much continuing education must a Georgia producer licensed f…Difficulty 1/5GA specific
- 37.After an insurer is placed in liquidation, the Guaranty Association assumes its policy obligations and an i…Difficulty 3/5GA specific
- 38.How are an applicant's statements in a Georgia life insurance application classified, and what effect does …Difficulty 2/5GA specific
- 39.Under Georgia law, which of the following activities constitutes 'transacting the business of insurance'?Difficulty 2/5GA specific
- 40.A Georgia life insurer is declared insolvent and the Georgia Life and Health Insurance Guaranty Association…Difficulty 2/5GA specific
- 41.Under Georgia's unfair trade practices law, defamation in insurance consists of:Difficulty 1/5GA specific
- 42.A Georgia producer has held a license for more than 20 years. What continuing-education requirement applies…Difficulty 2/5GA specific
- 43.An agent licensed in another state applies for a Georgia nonresident license. The agent's home state does n…Difficulty 2/5GA specific
- 44.A Georgia producer claims that a colleague can be penalized for rebating under O.C.G.A. § 33-6-31 because t…Difficulty 3/5GA specific
- 45.Under Georgia's unfair claims settlement practices rules, when an insured requests the insurer's claim form…Difficulty 1/5GA specific
- 46.A Georgia producer willfully diverts premium funds for personal use. Under Georgia law, the willful misappr…Difficulty 2/5GA specific
- 47.After a licensed agent dies, the insurer asks the Insurance Commissioner for a temporary license so the boo…Difficulty 2/5GA specific
- 48.Which of the following best describes the purpose of a Georgia insurance counselor license?Difficulty 1/5GA specific
- 49.A Georgia producer gives inexpensive promotional merchandise to clients and prospects, with no gift conting…Difficulty 2/5GA specific
- 50.Under Reg. 120-2-11-.05, which of the following uses in a Georgia life insurance advertisement is prohibited?Difficulty 1/5GA specific