Ga. Comp. R. & Regs. 120-2-26-.12
Current through Rules and Regulations filed through December 24, 2024
In the event an insured expresses a desire to cancel such a policy and premium arrangement, the Georgia Insurance Department will expect the cooperation of the Company and its agents in bringing such matters to a satisfactory conclusion as expeditiously as possible.
If it should be determined that the Company or agent has violated this Regulation, or if it is determined that there has been a material misrepresentation of the contract, the policy may, at the option of the insured, be returned to the Company with a signed request for release. The said policy will then be cancelled, and the applicant released from any liability, and refund made of any down payment.
Ga. Comp. R. & Regs. R. 120-2-26-.12
O.C.G.A. Sec. 33-2-9, Ch. 33-6.