Current through Rules and Regulations filed through October 29, 2024
Rule 120-2-3-.09 - Examinations(1) All resident applicants required under Chapter 23 of Title 33 of the Official Code of Georgia Annotated shall submit to examination by the Commissioner except: (a) Applicants for agent licenses in lines or sublines of life or accident and sickness insurance who hold the designation of Chartered Life Underwriter (CLU) or Fellow Life Management Institute (FLMI);(b) Applicants for agent licenses in lines or sublines of property and casualty who hold the designation of Chartered Property and Casualty Underwriter (CPCU);(c) Applicants for licenses as counselors who hold the designation of Certified Insurance Counselor (CIC), Accredited Advisor in Insurance (AAI), Registered Employee Benefits Consultant (REBC), CPCU as specified in Rule 120-2-3-.09(1)(b), CLU or FLMI as specified in Rule 120-2-3-.09(1)(a), or applicants deemed by the Commissioner to have sufficient experience and qualifications in the lines of authority for which the applicant seeks licensure;(d) Applicants for Limited Health Counselor licensure that have five (5) years' experience licensed as an agent in the line of accident and sickness;(e) Applicants for Limited Health Counselor licensure that hold the designation of CIC, CLU, FLMI, REBC and Registered Health Underwriter (RHU);(f) Applicants for limited licenses in accordance with Rules 120-2-3-.29, .31, .32, .39, .44, .45, and .47 of this Regulation Chapter;(g) Applicants holding a Ph.D. in Risk Management;(h) Adjusters who are salaried employees of insurers;(i) Applicants for temporary licenses;(j) Applicants for credit insurance agent licenses;(k) Applicants for a workers compensation adjuster license who hold the designation of Certified Workers Compensation Professional (CWCP);(l) Applicants for adjuster licenses who hold the designation of Universal Claims Certification (UCC);(m) Such other applicants as the Commissioner may, at his discretion, determine.(n) The applicant who was previously licensed for the same lines of authority in another state shall not be required to complete any prelicensing education or examination. This exemption is only available if the individual is currently licensed in that state or if the application is received within 90 days of the cancellation of the applicant's previous license. The applicant must have been in good standing with the prior state as evidenced by a certificate of good standing provided by that state and verifiable in the producer data base records maintained by authorized systems. (2) The passing grade on examinations for licenses shall be seventy percent (70%).(3) Any person taking an examination for licensing and not receiving a passing grade shall not be entitled to retake the examination until fourteen (14) days have elapsed, and will be required to pay the appropriate fee. A person who fails to pass the examination after taking the exam three (3) times shall not be entitled to retake the examination until sixty (60) days have elapsed, and will be required to pay the appropriate fees.(4) A person who has not filed an application within twelve (12) months of the date of receiving a passing exam score will be required to retake the examination.Ga. Comp. R. & Regs. R. 120-2-3-.09
O.C.G.A. §§ 33-2-9, 33-8-1, 33-23-5, 33-23-10, 33-23-44.
Original Rule entitled "Temporary License for One Company Only" adopted. F. and eff. July 20, 1965.Repealed: New Rule entitled "Examinations" adopted. F. Sept. 10, 1992; eff. Sept. 30, 1992.Amended: F. Aug. 9, 1996; eff. Aug. 29, 1996.Amended: F. July 23, 1998; eff. August 12, 1998.Amended: F. Jan. 14, 2000; eff. Feb. 3, 2000.Repealed: New Rule of same title adopted. F. Jan. 15, 2003; eff. Feb. 4, 2003.Amended: F. Aug. 23, 2004; eff. Sept. 12, 2004.Amended: F. July 16, 2009; eff. August 5, 2009.Amended: ER. 120-2-3-.24 -.09 adopted. F. Jun. 12, 2012; eff. Jun. 12, 2012, as specified by the Agency.Repealed: New rule with same title adopted. F. Sept. 10, 2012; eff. Sept. 30, 2012.Amended: F. Apr. 16, 2014; eff. May 6, 2014.Amended: F. June 6, 2016; eff. August 1, 2016, as specified by the Agency.Amended: F. Aug. 8, 2018; eff. Aug. 28, 2018.Amended: F. Jan. 13, 2022; eff. Jan. 1, 2022, as specified by the Agency.Amended: F. Sept. 20, 2023; eff. Aug. 1, 2023, as specified by the Agency.