When Issuance of Participating and Nonparticipating Policies Permissible

  1. Law
  2. Georgia Code
  3. Insurance
  4. Life Insurance
  5. When Issuance of Participating and Nonparticipating Policies Permissible

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A life insurer may issue both participating and nonparticipating policies only if the right or absence of right to participate is reasonably related to the premium charged.

(Code 1933, § 56-1521, enacted by Ga. L. 1960, p. 289, § 1.)


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