State statute · Georgia
Georgia Rules & Regulations Ch. 120-2, Subject 120-2-10
Regulations Regarding Insurance Contract (Rules 120-2-10-.01 through -.14, including -.11A)
Edition and licensing notes
Publisher. Georgia (see note)
Edition. Rules and Regulations of the State of Georgia, Department 120, administrative history current through the rule amendment filed July 29, 2026, effective August 18, 2026 (last entry of the Department 120 ADMINISTRATIVE HISTORY on https://rules.sos.ga.gov/gac/120)
Status. Official Code of Georgia Annotated, public domain (government edict).
What this document is
Georgia Rules & Regulations Ch. 120-2, Subject 120-2-10 - Regulations Regarding Insurance Contract (Rules 120-2-10-.01 through -.14, including -.11A) is a state statute published by Georgia (see note). 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. tit. 33, Rule 120-2-10-.06(13) (Filing Requirements, Life and Health Forms)
“No policy, annuity contract, rider, endorsement or certificate may contain any advertising or underwriting material. It is not the intent of this rule to prohibit the imprinting of registered trade marks of the insurer.”
- O.C.G.A. tit. 33, Rule 120-2-10-.11(1)(a) (Group Health Insurance Conversion Privilege, Time Limit and Evidence of Insurability)
“Written application for the converted policy shall be made and the first premium paid to the insurer not later than thirty-one (31) days after such termination. The converted policy shall be issued without evidence of insurability.”
- O.C.G.A. tit. 33, Rule 120-2-10-.05 (Describing Premiums as Deposits, Savings, or Investments)
“The use of the words "deposit," "savings," or "investments" in any insurance or annuity contract, other printed material, or oral presentation to refer to an amount where, in fact, the amount referred to is a premium as defined in Section 33-24-1 of the Georgia Insurance Code is prohibited unless:...”
- O.C.G.A. tit. 33, Rule 120-2-10-.14(2) (Penalties, Representatives of an Insurer)
“Violation of these regulations by an agent, counselor, broker, solicitor or other representative of an insurer shall be deemed to be a fraudulent and dishonest practice, a material misrepresentation, an unfair method of competition and unfair and deceptive acts and practices in the business of...”
- O.C.G.A. tit. 33, Rule 120-2-10-.06(14) (Filing Requirements, Life and Health Forms)
“No statement may appear in an application with respect to a proxy through which one or more members of the board of directors is authorized to vote in the election of directors.”
- Ga. Comp. R. & Regs. 120-2-10-.07(a) (Regulations Regarding Insurance Contract, Agents, Payments for Furnishing Leads and Reference to Regulations)
“No insurer or agent holding a license as a permanent insurance agent or other representative of an insurer shall: (a) Pay, allow, or give, or offer to pay, allow, or give, directly or indirectly, any commission or other valuable consideration as a result of the sale of a life insurance or annuity...”
- Ga. Comp. R. & Regs. 120-2-10-.10(5)(b) (Group Coverage Discontinuance and Replacement, Extension of Benefits)
“(b) In the case of a group life plan which contains a disability benefit extension of any type (e.g., premium waiver extension, extended death benefit in the event of total disability, or payment of income for a specified period during total disability) the discontinuance of the group policy shall...”
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- O.C.G.A. s. 33-6-4: Enumeration of unfair methods of competition and deceptive actsState statute
- O.C.G.A. Title 33, Chapter 29 - Individual Accident and Sickness Insurance (complete chapter, §§ 33-29-1 to 33-29-22)State 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
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- 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
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- 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