State RegulationsGA specificDifficulty 2/5
Under Georgia's solicitation regulation, which document must be used in life insurance solicitation to help an applicant understand which policy values are guaranteed and which are not?
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Answer & full 3-part explanation (select an option above, or peek)
Why C is correct
Under Reg. 120-2-31, Georgia's solicitation rule for life insurance centers on the Buyer's Guide and the Policy Summary, which must present the policy's guaranteed values separately from non-guaranteed elements so the applicant can distinguish what the insurer must pay from what it merely projects. The insurer's advertising control system under Reg. 120-2-11 supports this disclosure duty.
Why the other options are wrong
- A) The medical examination report relates to underwriting, not solicitation disclosure.
- B) The stockholder report is a corporate financial document with no solicitation role.
- D) A commission disclosure statement is not the document the solicitation regulation requires for explaining guaranteed and non-guaranteed values.
Memory hook
Guide and summary: guaranteed versus guesswork.