Rule 120-2-25-.02. Purpose
The purpose of this Regulation is:
- 1. To provide for the exemption of filing certain Life and Accident and Sickness Policy Forms and Annuity Contract Forms with the Office of the Insurance Commissioner.
- 2. To maintain a system of filing to best protect the interests of the insurance public by establishing clear and reasonable guidelines to review Life and Accident and Sickness Policy Forms and Annuity Contract Forms for the purpose of reducing misrepresentation, unfair methods of competition and unfair practices.
Submitted for Publishing: Mar. 15, 2007.
Authority: Ga. L. 1960, pp. 289 to 755.
History. Original Rule entitled "Purpose" adopted. F. June 5, 1972; eff. June 25, 1972.