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Ga P & C Insurance Exam - Ga Law

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
show Election; 4yrs; unlimited # terms  
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show Ralph Hudgens  
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What are the two chief capacities/ powers of Ga Ins Commissioner?   show
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show 1. appoint deputy commissioners 2. select chief deputy commissioner from deputies 3. Establish bond of $15k 4. Examine financial records of ins co's doing business in Ga (min each 5 yrs for each co.)  
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show state must offer accused co public hearing within 30 days; accused co. may request a public hearing  
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show Superior Court of Fulton Co  
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What is the penalty for violating Ga law codes?   show
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show Yes  
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What are four qualifications to being a producer (ins agent) in Ga?   show
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What does the snowbird exclusion state?   show
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Who would be exempt from taking a pre-licensing course before a state insurance exam?   show
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show 1. 15 hrs training per yr 2. 10 hrs training per yr (3hrs ethics)  
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If an agent's license has inactive status, is he/she still required to do training to maintain that inactive status (and not have it cancelled altogether)?   show
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show go on sales calls with a licensed agent; min = 6mos. and max = 15 mos.  
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What does a counselor's license allow its holder to do? Qualifications?   show
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show offer of a gift/$ to potential client while he or she is considering buying a policy; illegal in Ga  
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What is controlled business with respect to ins agents in Ga?   show
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show unethical practice of "downgrading" a policy's terms when switching that policy from another company for a new client  
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Within how many days of a request by insured must an ins co provide forms needed for filing a claim?   show
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What is the time period for which a binder is valid?   show
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show No- must be an agent and of same type of license(i.e. P & C)  
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What is the purpose of a Fair Plan?   show
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Name 2 pers auto insurance discounts in Ga and describe the qualifications for receiving each.   show
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