Ga. Comp. R. & Regs. 120-2-27-.02

Current through Rules and Regulations filed through June 17, 2024

Rule 120-2-27-.02 - Purpose

The Purpose of this Regulation is:

(1) To implement the Insurance Laws of this State with respect to the filing of Credit Life and Credit Accident and Sickness Insurance Forms in this State;

(2) To protect the interests of the credit life and credit accident and sickness insurance public by establishing and maintaining guidelines and standards pertaining to Credit Life and Credit Accident and Sickness Insurance Forms for the purpose of maintaining rates which are reasonable in relation to benefits provided, and are not unjust, unfair, inequitable, misleading, deceptive, or which encourage misrepresentation of the policy.

Ga. Comp. R. & Regs. R. 120-2-27-.02

Ga. L. 1960, pp. 289, 305, 333, 393, 657, 714, 734, 747, 750.

Original Rule entitled "Purpose" adopted as ER. 120-2-27-0.1-.02. F. June 9, 1972; eff. June 15, 1972, as specified by the Agency.

Amended: Permanent Rule of same title adopted. F. Dec. 12, 1972; eff. Jan. 1, 1973.

Amended: F. Mar. 8, 1977; eff. July 1, 1977, as specified by the Agency.

Submitted for Publishing: Apr. 6, 2007.