GEORGIA CODE (Last Updated: August 20, 2013) |
Title 33. INSURANCE |
Chapter 26. INDUSTRIAL LIFE INSURANCE |
Section 33-26-6.1. Limits on aggregate face amount of policies insuring the life of one person
Latest version.
- No insurer shall knowingly issue an industrial life insurance policy insuring the life of a person if the issuance of such policy would cause the aggregate face amount of industrial life insurance payable on the life of such person under any and all such policies issued by such insurer to exceed the sum of $2,000.00, exclusive of additional benefits in the event of death from accidental means.
Code 1933, § 56-2901, enacted by Ga. L. 1981, p. 936, § 1.