reglab/housing_qa huggingface dataset:
GA Code § 33-25-8 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 25 - Life Insurance|§ 33-25-8. Right of Person to Whom Policy or Contract Issued to Return Policy or Contract and Receive Premium Refund; Effect of Return; Proof of Return

  Every individual life insurance policy or contract issued for delivery in this state, except those issued in connection with a credit transaction, shall have printed on or attached to the contract a notice stating in substance that the person to whom the policy or contract is issued shall be permitted to return the policy or contract within ten days after receipt thereof and to have the premium paid refunded if, after examination of the policy or contract, the purchaser is not satisfied with it for any reason.   If the 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.   Without limiting any other method of returning a policy or contract under this Code section, it shall be prima-facie evidence of the fact and date of return of a policy or contract if the policy or contract is dispatched by certified mail or statutory overnight delivery to the insurer or agent, as provided in this Code section, and a return receipt provided by the United States Postal Service or the commercial delivery company is obtained.   A person shall be deemed to have received a policy or contract for purposes of subsection (a) of this Code section if there has elapsed a period of six months from the effective date of the policy or contract or if there has elapsed a period of time from the effective date of the policy or contract during which there have been sent to the person two premium notices or other such statements of policy or contract activity, whichever period is longer.    (Code 1933, § 56-2511, enacted by Ga. L. 1979, p. 786, § 3; Ga. L. 1993, p. 483, § 7; Ga. L. 2000, p. 1589, § 8; Ga. L. 2019, p. 386, § 80/SB 133.)    The 2019 amendment,  effective July 1, 2019, deleted "on or after July 1, 1979" following "delivery in this state" near the middle of subsection (a).   Editor's notes.   - Ga. L. 2000, p. 1589, § 16, not codified by the General Assembly, provides that the amendment to subsection (c) is applicable with respect to notices delivered on or after July 1, 2000.
GA Code § 33-25-9 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 25 - Life Insurance|§ 33-25-9. Issuance or Delivery of Life Insurance Policies as Part of or in Combination With Other Contracts, Agreements, or Plans

 Except as expressly provided in this Code section, no life insurance policy shall be issued or delivered in this state, as a part of or in combination with any insurance, endowment, or annuity contract, any agreement or plan additional to the rights, dividends, and benefits arising out of any such insurance, endowment, or annuity contract:    Which provides for the accumulation of profits over a period of years and for payment of all or any part of the accumulated profits only to members or policyholders of a designated group or class who continue as members or policyholders until the end of a specified period of years;   Which provides that on the death of anyone other than a beneficiary or a person insured thereunder the owner or beneficiary of the policy shall receive the payment or granting of anything of value;   Which provides that the whole or any part of the premiums or consideration for the policy, dividends, coupons, reserves, special reserves, lapses, or the excess interest therefrom, or any funds or money in excess of the normal reserve required to meet the contractual guarantees of the policy are to be placed or invested in special funds or segregated accounts and the funds or earnings therefrom divided among those taking the policy, their beneficiaries, or assignees; or   Which provides for the sale, solicitation, or delivery of any stock or shares of stock in any company or which provides for a benefit certificate, securities, or any special advisory board contract or other contracts or resolutions of similar nature or which provides for policy dividends bearing a stated relationship to dividends on the stock of any company as an inducement to or in connection with the sale or acceptance of such policy.    (Code 1933, § 56-2508, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1982, p. 3, § 33.)   RESEARCH REFERENCES   ALR.    - Validity of provisions of life insurance policy which discriminates, as regards options allowed, between borrowing and nonborrowing insurants, 106 A.L.R. 1537.
GA Code § 33-25-12 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 25 - Life Insurance|§ 33-25-12. Contesting of Policy After Reinstatement

 A reinstated policy of life insurance may be contested on account of fraud or misrepresentation of facts material to the reinstatement only for the same period following reinstatement and with the same conditions and exceptions as the policy provides with respect to contestability after original issuance.   (Code 1933, § 56-2510, enacted by Ga. L. 1960, p. 289, § 1.)   Law reviews.   - For note, "Incontestability Clauses in Georgia Insurance Contracts," see 13 Ga. L. Rev. 850 (1979).   RESEARCH REFERENCES   Am. Jur. 2d.   - 44 Am. Jur. 2d, Insurance, § 768 et seq.   C.J.S.   - 46 C.J.S., Insurance, § 1222 et seq.   ALR.    - Insurance: incontestable clause as excluding a defense based upon public policy, 13 A.L.R. 674; 35 A.L.R. 1491; 170 A.L.R. 1040.    Insurance: effect of incontestable clause on supplemental contracts, 45 A.L.R. 1369.    Express exception in incontestability clause as negativing other exceptions thereto, 88 A.L.R. 773.    Applicability of incontestable clause to defense based on false impersonation or mistake as to identity of person insured, 98 A.L.R. 710.    Change in, renewal of, or substitution for original policy of life insurance as affecting time limitation prescribed by original policy in respect of defenses available to insurer, 110 A.L.R. 1139.    Grounds for cancellation or rescission of annuity agreement, or for recovery back of property conveyed, or money paid, thereunder, 131 A.L.R. 424.   What amounts to contest within contemplation of incontestable clause, 95 A.L.R.2d 420.
GA Code § 33-25-15 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 25 - Life Insurance|§ 33-25-15. Insurer Prohibited From Penalizing Agent for Apprising Policy Owner of Alternatives to Lapse or Surrender of Individual Life Insurance Policy

  As used in this Code section, the term:   "Agent" means a person that is the agent of record of a policy or that has a business relationship with the policy owner or insured.   "Insurer" means the insurance company that issued or currently insures the policy.   "Person" means an individual or a legal entity.   "Policy" means an individual life insurance policy owned by an individual who is a resident of this state, regardless of whether such individual life insurance policy has been issued, delivered, or renewed in this state.     No insurer or any other person shall terminate, fine, or otherwise penalize an agent for:   Apprising a policy owner or his or her designee of options under the policy terms to the lapse or surrender of the policy; or   Assisting a policy owner with securing any benefits under the policy terms.       (Code 1981, §33-25-15, enacted by Ga. L. 2016, p. 211, § 1/HB 193.)
GA Code § 33-26-1 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 26 - Industrial Life Insurance|§ 33-26-1. "Industrial Life Insurance" Defined

 Industrial life insurance is that form of insurance under which not more than $2,000.00 on a single life, exclusive of additional benefits in the event of death from accidental means, is payable on any such policy for which the premiums are payable monthly or more frequently and which bears the words "industrial policy" or "weekly premium policy" or words of similar import imprinted on the face of the policy as a part of the descriptive matter.   (Ga. L. 1905, p. 96, § 1; Civil Code 1910, § 2502; Ga. L. 1924, p. 51, § 1; Code 1933, § 56-1301; Code 1933, § 56-2901, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1981, p. 936, § 1.)   Law reviews.   - For article surveying developments in Georgia insurance law from mid-1980 through mid-1981, see 33 Mercer L. Rev. 143 (1981).
GA Code § 33-26-3 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 26 - Industrial Life Insurance|§ 33-26-3. Provision of Disability Benefits

 Any policy of industrial life insurance may provide a weekly benefit for disability, caused by sickness or accident, not greater than $40.00 per week.   (Code 1933, § 56-2904, enacted by Ga. L. 1960, p. 289, § 1; Code 1933, § 56-2905, as redesignated by Ga. L. 1981, p. 936, § 1.)   RESEARCH REFERENCES   C.J.S.   - 46 C.J.S., Insurance, §§ 1591, 1745 et seq.   ALR.   - Mental incapacity or disease as constituting total or permanent disability within insurance coverage, 22 A.L.R.3d 1000.   What constitutes total or permanent disability within the coverage of disability insurance coverage issued to farmer or agricultural worker, 26 A.L.R.3d 714.
GA Code § 33-26-4 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 26 - Industrial Life Insurance|§ 33-26-4. Notice of Right of Person to Whom Policy or Contract Issued to Return Policy or Contract and Receive Premium Refund; Effect of Return of Policy or Contract; Proof of Return

  Every industrial life policy or contract issued for delivery in this state shall have printed thereon or attached thereto a notice stating in substance that the person to whom the policy or contract is issued shall be permitted to return the policy or contract within ten days after receipt thereof and to have the premium paid refunded if, after examination of the policy or contract, the purchaser is not satisfied with it for any reason.   If the 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.   Without limiting any other method of returning a policy or contract under this Code section, it shall be prima-facie evidence of the fact and date of return of a policy or contract if the policy or contract is dispatched by at least first-class mail to the insurer or agent, as provided in this Code section and a receipt provided by the United States Postal Service is obtained.    (Code 1933, § 56-2906, enacted by Ga. L. 1979, p. 786, § 5; Code 1933, § 56-2907, as redesignated by Ga. L. 1981, p. 936, § 1.)   Code Commission notes.   - Pursuant to Code Section 28-9-5, in 1990, a hyphen was inserted in the phrase "first-class mail" in subsection (c).
GA Code § 33-26-5 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 26 - Industrial Life Insurance|§ 33-26-5. Right of Beneficiaries and Assigns of Insurance Policies to Proceeds as Against Creditors and Representatives of Insured

 The proceeds and avails of any industrial life insurance policy shall be free from the claims of creditors and representatives of the insured and of persons effecting the same to the same extent and under the same conditions as provided for in the case of other life insurance policies under Code Section 33-25-11.   (Code 1933, § 56-2905, enacted by Ga. L. 1960, p. 289, § 1; Code 1933, § 56-2906, as redesignated by Ga. L. 1981, p. 936, § 1.)   RESEARCH REFERENCES   ALR.   - Enforceability, in forum, of extraterritorial waiver of debtor's exemption valid where made, 60 A.L.R.2d 1449.
GA Code § 33-26-6 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 26 - Industrial Life Insurance|§ 33-26-6. Applicability of Code Sections 33-25-4, 33-25-5, 33-25-7, 33-25-9, 33-25-10, and 33-25-12

 In addition to the requirements specifically set forth in this chapter, no policy of industrial life insurance shall be delivered or issued for delivery in this state unless it complies with Code Sections 33-25-4, 33-25-5, 33-25-7, 33-25-9, 33-25-10, and 33-25-12.   (Code 1933, § 56-2903, enacted by Ga. L. 1960, p. 289, § 1; Code 1933, § 56-2904, as redesignated by Ga. L. 1981, p. 936, § 1.)   RESEARCH REFERENCES   C.J.S.   - 44 C.J.S., Insurance, § 486 et seq.
GA Code § 33-26-6.1 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 26 - Industrial Life Insurance|§ 33-26-6.1. Limits on Aggregate Face Amount of Policies Insuring the Life of One Person

 No insurer shall knowingly issue an industrial life insurance policy insuring the life of a person if the issuance of such policy would cause the aggregate face amount of industrial life insurance payable on the life of such person under any and all such policies issued by such insurer to exceed the sum of $2,000.00, exclusive of additional benefits in the event of death from accidental means.   (Code 1933, § 56-2901, enacted by Ga. L. 1981, p. 936, § 1.)
GA Code § 33-26-6.2 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 26 - Industrial Life Insurance|§ 33-26-6.2. Premium Payment Cap on Whole Life Insurance Policies

  No insurer shall issue a policy which allows for the collection or payment of premiums which in the aggregate will be greater than 150 percent of the face amount of the policy.   This Code section shall apply to industrial whole life policies, which are policies which may be kept in force for a person's whole life and which pay a benefit upon the person's death, whenever such death occurs, or policies which may have a designated age certain, as specified in the policy, when premium payments would cease.     (Code 1981, §33-26-6.2, enacted by Ga. L. 2002, p. 572, § 3.)
GA Code § 33-26-7 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 26 - Industrial Life Insurance|§ 33-26-7. Offering or Delivering of Policies or Contracts in Violation of Chapter

 Any company, agent, representative, or solicitor for the company, agent, or representative who shall write, offer to the public, or deliver to any insured any policy or contract of insurance which in form or legal effect is contrary to or in violation of this chapter with respect to cash surrender value, extended insurance, or other benefits in case of lapsed industrial life insurance policies shall be guilty of a misdemeanor.   (Code 1933, § 56-9909, enacted by Ga. L. 1960, p. 289, § 1.)
GA Code § 33-27-4 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 27 - Group Life Insurance|§ 33-27-4. Payment of Interest on Proceeds or Payments Under Policies of Group Life Insurance

 Each insurer admitted to transact life insurance in this state shall pay interest on proceeds or payments under any policy of group life insurance payable to a beneficiary residing in this state, to a beneficiary under a policy issued in this state, or to a beneficiary under a policy insuring a person resident in this state at the time of death, in accordance with Code Section 33-25-10.   (Code 1933, § 56-2503.1, enacted by Ga. L. 1978, p. 2297, § 1.)   RESEARCH REFERENCES   ALR.    - Who are "blood relatives" within statute or rules as to beneficiaries of insurance in mutual benefit societies, 10 A.L.R. 864.   Liability of insurer for damages resulting from delay in passing upon an application for life insurance, 1 A.L.R.4th 1202.
GA Code § 33-27-5 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 27 - Group Life Insurance|§ 33-27-5. Notification of Policyholder of Right to Convert Group Policy to Individual Life Insurance Policy

  If any individual insured under a group insurance policy delivered in this state becomes entitled under the terms of the policy to have an individual policy of life insurance issued to him or her without evidence of insurability, subject to making of application therefor and payment of the first premium within the period specified in such policy and, if such individual is not given notice of the existence of the right at least 15 days prior to the expiration date of the period, in such event the individual shall have an additional period within which to exercise the right, but nothing contained in this Code section shall be construed to continue any insurance beyond the period provided in the policy. This additional period shall expire 15 days after such individual is given notice, but in no event shall the additional period extend beyond 60 days after the expiration date of the period provided in the policy.   Written notice presented to the individual or mailed by the policyholders to the last known address of the individual or mailed by the insurer to the last known address of the individual as furnished by the policyholder shall constitute notice for the purpose of this Code section.   Nothing in this Code section shall have the effect of extending the time within which a death claim shall be paid under the policy as provided in paragraph (10) of subsection (a) of Code Section 33-27-3.   Inclusion of a statement of this conversion privilege in the insurance certificate issued to the individual insured shall constitute a notice of conversion privileges to the individual insured as required by this Code section.    (Code 1933, § 56-2705, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2019, p. 386, § 81/SB 133.)    The 2019 amendment,  effective July 1, 2019, in subsection (a), in the first sentence, deleted "hereafter" following "group insurance policy" near the beginning, inserted "or her" near the middle, substituted "if such individual" for "if the individual" in the middle and revised punctuation, and substituted "after such individual is given notice, but" for "after the individual is given notice but" near the middle of the second sentence.   RESEARCH REFERENCES   ALR.   - Group insurance: construction, application, and effect of policy provision extending conversion privilege to employee after termination of employment, 32 A.L.R.4th 1037.
GA Code § 33-27-6 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 27 - Group Life Insurance|§ 33-27-6. Assignment of Incidents of Ownership in Group Life Insurance Policies

 Nothing in this title or in any other law shall be construed to prohibit any person insured under a group life insurance policy from making an assignment of all or any part of his or her incidents of ownership under the policy, including, but not limited to, the privilege to have issued to him or her an individual policy of life insurance pursuant and subject to paragraphs (8) and (9) of subsection (a) of Code Section 33-27-3 and Code Section 33-27-5 and the right to name a beneficiary.Subject to the terms of the policy or agreement between the insured, the group policyholder and the insurer relating to assignment of incidents of ownership under the policy, an assignment made by an insured is valid for the purpose of vesting in the assignee, in accordance with any provisions included in the policy as to the time at which it is to be effective, all of the incidents of ownership so assigned without prejudice to the insurer on account of any payment it may make or individual policy it may issue in accordance with paragraphs (8) and (9) of subsection (a) of Code Section 33-27-3 prior to receipt of notice of the assignment.   (Code 1933, § 56-2707, enacted by Ga. L. 1969, p. 32, § 1; Ga. L. 2019, p. 386, § 82/SB 133.)    The 2019 amendment,  effective July 1, 2019, in the first sentence, inserted "or her" in two places, inserted a comma following "including" and "but not limited to", and substituted "an assignment made by an insured is valid" for "an assignment by an insured made either before or after July 1, 1969, is valid" in the middle of the second sentence.   RESEARCH REFERENCES   Am. Jur. 2d.   - 44A Am. Jur. 2d, Insurance, §§ 1869 et seq., 1884 et seq.   C.J.S.   - 45 C.J.S., Insurance, § 733 et seq.   ALR.   - Law governing assignment of life insurance policy or of rights thereunder, 97 A.L.R.2d 1399.   Change of beneficiary in group life insurance policy as affected by failure to comply with policy requirements as to manner of making change, 78 A.L.R.3d 466.
GA Code § 33-27-7 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 27 - Group Life Insurance|§ 33-27-7. Right of Beneficiaries and Assignees of Insurance Policies to Proceeds as Against Creditors and Representatives of Insured

  The proceeds and avails of any group life insurance policy shall be free from the claims of creditors and representatives of the insured and of the person effecting the same to the same extent and under the same conditions as provided for in the case of other life insurance policies under Code Section 33-25-11.   This Code section shall not apply to group life insurance issued to a creditor covering his debtors to the extent that the proceeds are applied to payment of the obligation for the purpose of which the insurance was issued.    (Code 1933, § 56-2706, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1982, p. 3, § 33.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 44 Am. Jur. 2d, Insurance, §§ 802 et seq., 1671 et seq., 1738.   C.J.S.   - 46A C.J.S., Insurance, § 1967.   ALR.    - Statutory limitation of amount of proceeds of life insurance payable to estate or representatives of insured which is exempt from debts of insured as affected by fact that insured had a policy payable to another beneficiary, 141 A.L.R. 893.   Testamentary direction for payment of debts or expenses of administration as affecting life insurance proceeds payable to estate, 56 A.L.R.2d 865.   Enforceability, in forum, of extraterritorial waiver of debtor's exemption valid where made, 60 A.L.R.2d 1449.
GA Code § 33-27-9 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 27 - Group Life Insurance|§ 33-27-9. Notices of Life Insurance Premium Increases to Be Mailed or Delivered to Group Life Insurance Policyholder

 Notice of the maximum amount of a group life insurance premium increase shall be mailed or delivered to the group policyholder and to each employer group or subgroup insured under the group policy not less than 60 days prior to the effective date of the premium increase.    (Code 1981, §33-27-9, enacted by Ga. L. 1990, p. 1402, § 2; Ga. L. 2019, p. 386, § 83/SB 133.)    The 2019 amendment,  effective July 1, 2019, inserted "life insurance" near the beginning of this Code section.   Editor's notes.   - Ga. L. 1990, p. 1402, § 6, not codified by the General Assembly, provides that this Code Section shall be applicable to all contracts or policies of insurance issued or renewed on or after October 1, 1990.
GA Code § 33-28-1 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 28 - Annuity and Pure Endowment Contracts|§ 33-28-1. Definitions

 As used in this chapter, the term:    "Annuity" means a contract by which one party in return for a stipulated payment or payments promises to pay periodic installments for a stated certain period of time or for the life or lives of the person or persons specified in the contract. The term does not cover the proceeds of life insurance no matter how payable.   "Pure endowment" means a contract under which one party in return for stipulated payment is obligated to pay a fixed sum if and only if the person designated in the contract survives a certain period specified in the contract.   "Reversionary annuity" means an annuity contract under which the person otherwise entitled to the proceeds is not to receive any payments unless that person survives another person or persons specified in the contract.    (Code 1933, § 56-2601, enacted by Ga. L. 1960, p. 289, § 1.)   RESEARCH REFERENCES   1C Am. Jur. Pleading and Practice Forms, Annuities, § 1 et seq.   C.J.S.   - 44 C.J.S., Insurance, §§ 4, 5.   ALR.   - Annuitant's right to corpus or capital sum in lieu of annuity, 54 A.L.R.2d 361.