Individual Accident and Sickness Insurance

What this document is

O.C.G.A. Title 33, Chapter 29 - Individual Accident and Sickness Insurance (complete chapter, §§ 33-29-1 to 33-29-22) is a state statute published by Georgia General Assembly / Georgia Code Revision Commission, public access edition published by LexisNexis. It is one of the Georgia documents that insurance license exam questions are written from, including georgia life & health practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• O.C.G.A. § 33-29-22 (Notice of premium increase)

  “Notice of any premium increase shall be mailed or delivered to each holder of an individual accident and sickness insurance policy not less than 60 days prior to the effective date of such increase.”

• O.C.G.A. § 33-29-10(a) (Age limits; misstatement of age)

  “if the date falls within a period for which premium is accepted by the insurer or if the insurer accepts a premium after such date, the coverage provided by the policy will continue in force until the end of the period for which premium has been accepted.”

• O.C.G.A. § 33-29-15(b) (Cap on Exemption of Disability Income Benefits)

  “The exemption of income benefits payable as the result of disability shall not exceed an average of $250.00 of such benefits per month of the period of disability.”

• O.C.G.A. § 33-29-1 (Definition; application of chapter)

  “(a) As used in this chapter, the term “accident and sickness policy” means any policy insuring against loss resulting from sickness or from bodily injury or death by accident, or both, or any contract to furnish ambulance service in the future. (b) Nothing in this chapter shall apply to or affect:...”

• O.C.G.A. § 33-29-15(a) (Exemption of Proceeds from Liability for Debts)

  “The proceeds or avails of all accident and sickness policies and of provisions providing benefits on account of the insured’s disability which are supplemental to life insurance or annuity contracts, except credit accident and sickness policies and credit life policies, shall be exempt from all...”

• O.C.G.A. § 33-29-21.1 (Conversion on Termination of Dependent Coverage by Reason of Age)

  “the dependent shall be entitled to have issued to him or her, without evidence of insurability, upon application made to the company within 45 days following the date the dependent reaches the age at which coverage would terminate and upon the payment of the appropriate premium, an individual or...”

• O.C.G.A. § 33-29-2(a)(3) (Continuation of Dependent Child Coverage for Full-Time Students)

  “if a policy purports to insure a dependent child of the policyholder, the child shall continue to be insured up to and including age 25 so long as the policy continues in effect, the child remains a dependent of the policyholder, and the child, in each calendar year since reaching the age specified...”

• O.C.G.A. § 33-29-11(b) (Effect and Place of Return)

  “If the insured or purchaser, pursuant to such notice, returns the policy or contract to the insurer at its home or branch office, or to the agent through whom it was purchased, it shall be void from the beginning and the parties shall be in the same position as if no policy or contract had been issued.”

• O.C.G.A. § 33-29-18(b)(2) (Franchise Plan Insurance: Association and Union Groups)

  “(2) Ten or more members, employees, or employees of members of any trade or professional association or of a labor union or of any other association having had an active existence for at least two years, where the association or union has a constitution or bylaws and is formed in good faith for...”

• O.C.G.A. § 33-29-18(b) (Franchise Plan Insurance: Eligible Groups)

  “(b) Accident and sickness insurance on a franchise plan is that form of accident and sickness insurance issued to: (1) Two or more employees of any corporation, copartnership, or individual employer or any governmental corporation, agency, or department thereof; or (2) Ten or more members,...”

• O.C.G.A. § 33-29-21 (Guaranteed renewability)

  “all insurers which issue, issue for delivery, deliver, or renew existing individual policies, certificates, or contracts of accident and sickness insurance in this state shall, subject only to timely payment of premiums, renew or continue such coverage at the option of the insured.”

• O.C.G.A. § 33-29-2(a)(3) (Illness or Injury Excuse from the Enrollment Requirement)

  “the child shall continue to be insured up to and including age 25 so long as the policy continues in effect, the child remains a dependent of the policyholder, and the child, in each calendar year since reaching the age specified in the policy for termination of benefits as a dependent of the...”

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Questions about this source

More Georgia sources

• O.C.G.A. s. 33-6-4: Enumeration of unfair methods of competition and deceptive actsState statute
• Georgia Rules & Regulations Ch. 120-2 - Accident and Sickness Insurance: Subjects 120-2-12 (Advertising Accident and Sickness Insurance) and 120-2-59 (Standard Claim Form for Accident and Sickness Insurance)State statute
• Georgia Rules & Regulations Ch. 120-2 - Group Health Insurance: Subjects 120-2-48 (Group Coordination of Benefits) and 120-2-67 (Portability and Renewability)State statute
• Georgia Rules & Regulations Ch. 120-2, Subject 120-2-10 - Regulations Regarding Insurance Contract (Rules 120-2-10-.01 through -.14, including -.11A)State statute
• Georgia Rules & Regulations Ch. 120-2 - Life Insurance and Annuity Contract Regulation: Subjects 120-2-11 (Advertising of Life Insurance and Annuity Contracts), 120-2-22 (Georgia Variable Annuity Contract Regulation), 120-2-24 (Replacement of Life Insurance Policies), 120-2-31 (Life Insurance Solicitation Regulation), 120-2-32 (Variable Life Insurance), 120-2-94 (Suitability in Annuity Transactions)State statute
• Georgia Rules & Regulations Ch. 120-2 - Subjects 120-2-8 (Medicare Supplement Insurance) and 120-2-16 (Long Term Care Insurance), minimum standardsState statute
• O.C.G.A. Title 33 Chapter 1 - General Provisions of the Georgia Insurance Code (§§ 33-1-1 through 33-1-28, 31 sections)State statute
• O.C.G.A. Title 33 Chapter 14 - Organization and Corporate Procedures of Stock and Mutual Insurers (§§ 33-14-1 through 33-14-128, 78 sections)State statute