O.C.G.A.
O.C.G.A.

O.C.G.A. § 33-27-9 (2019)

Notices of life insurance premium increases to be mailed or delivered to group life insurance policyholder

✓ O.C.G.A.: 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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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.

History

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.

Annotations

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.

CHAPTER 28 ANNUITY AND PURE ENDOWMENT CONTRACTS Sec.

Sec. Definitions. Standard provisions for annuity contracts. Standard nonforfeiture provisions for individual deferred annuities. Scope of incontestable clause. Contesting of contract after reinstatement. Right of person to whom con-

Cross references. - Definition of life insurance, § 33-7-4. Life insurance generally, T. 33, C. 25. Industrial life insurance,

tract issued to return contract and receive premium refund; effect of return; proof of return. Proceeds of annuity, reversionary annuity, or pure endowment contracts not liable to attachment, garnishment, or legal process in favor of creditors of beneficiary.

T. 33, C. 26. Group life insurance, T. 33, C. 27.

RESEARCH REFERENCES ALR. - Respective rights of insured and beneficiary in endowment, accumulation, and tontine policies, 19 A.L.R. 654; 72 A.L.R.2d 1311. Consideration paid for annuity obligation as ‘‘premium’’ within contemplation of tax statutes, 109 A.L.R. 1060; 135 A.L.R. 1248. Apportionment of annuities in respect of time, 116 A.L.R. 135.

Rights as between insurer and employer in respect to termination of group annuity insurance agreement, A.L.R.2d 772. Interest upon arrearages or unpaid accumulations of annuities, 66 A.L.R.2d 857.