After the Georgia guaranty association's obligations attach, an annuitant fails to pay a required premium to the association when due. If the premium remains unpaid, the association's obligations terminate after:

Why D is correct

Under O.C.G.A. § 33-38-7(a)(3), nonpayment of a premium within 31 days after the required date terminates the guaranty association's obligations, except for claims already incurred and net cash surrender values already due. This is the one place in Georgia insurance law where 31 days — rather than the 30-day individual life grace period — is the correct answer, so the two rules must never be blended.

Why the other options are wrong

• A) 30 days is the individual life policy grace period; the guaranty association premium rule uses 31 days.
• B) 60 days is the bad-faith demand window; it has no role in the association's premium termination rule.
• C) 45 days is the conditional-receipt reinstatement date under the A&S standard provisions, unrelated to guaranty premiums.

Memory hook

The odd 31: guaranty premiums die at 31 days — everywhere else, Georgia thinks in 30s.