Notices of Life Insurance Premium Increases to Be Mailed or Delivered to Group Life Insurance Policyholder

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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.

(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.

CHAPTER 28 ANNUITY AND PURE ENDOWMENT CONTRACTS

Sec.

  • 33-28-1. Definitions.
  • 33-28-2. Standard provisions for annuity contracts.
  • 33-28-3. Standard nonforfeiture provisions for individual deferred annuities.
  • 33-28-4. Scope of incontestable clause.
  • 33-28-5. Contesting of contract after reinstatement.
  • 33-28-6. Right of person to whom contract issued to return contract and receive premium refund; effect of return; proof of return.
  • 33-28-7. Proceeds of annuity, reversionary annuity, or pure endowment contracts not liable to attachment, garnishment, or legal process in favor of creditors of beneficiary.
Cross references.

- Definition of life insurance, § 33-7-4.

Life insurance generally, T. 33, C. 25.

Industrial life insurance, 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, 41 A.L.R.2d 772.

Interest upon arrearages or unpaid accumulations of annuities, 66 A.L.R.2d 857.


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