Life Insurance in Georgia

Christian Worstell
In this article...
  • Choosing the right life insurance solution for your family's needs is critical. Shop smarter by knowing Georgia life insurance laws and consumer protections.

Life insurance is designed to safeguard your loved ones from the devastating financial losses that can happen when a family member dies, but choosing a plan that suits your family's needs is crucial.

To be a smart policy shopper, it may be helpful to familiarize yourself with the regulations that govern Georgia life insurance transactions and the protections they provide consumers statewide. 

Georgia Life Insurance Rules and Specifics

In Georgia, life insurance policies and the companies that sell them are regulated by the state's Office of the Insurance and Safety Fire Commissioner.

The OCI’s insurance division handles the licensing of insurance-related entities and enforces the laws set forth in Title 33 of the Rules and Regulations of the State of Georgia, which includes several important consumer protection provisions, such as: 

  • The free-look period: All policies sold in Georgia must include a free-look period, which gives purchasers 10 days to review their coverage and request a full refund if they change their mind about the policy.

  • A 30-day grace period: Under Georgia law, policyholders who miss a premium payment must be granted 30 days during which they can bring their account current without risking cancellation for nonpayment.

  • Three-year guaranteed reinstatement period: If life insurance coverage is cancelled due to nonpayment, the issuer must reinstate the policy at the written request of the policyholder within three years from the date of default, unless the policy was surrendered, or its term expired.
    For a policy to be reinstated, past-due premiums and accrued interest must be paid, and the policyholder must supply satisfactory evidence of insurability.

  • Timely claims payment: State law requires claims filed against a life insurance policy be paid in a timely fashion once proof of death is provided. Claims that aren't settled within 30 days accrue interest, beginning on the date of death.

Life Insurance Resources in Georgia

Georgia residents who have life insurance-related questions or complaints, or who wish to open a formal dispute with an agency or issuing company, may seek help through one or more of the following state and national channels:

  • Office of the Insurance and Safety Fire Commissioner: The OCI maintains a dedicated consumer services division, which handles public inquiries and complaints. Policyholders can reach out to the OCI for help resolving disputes with insurance companies or agents or to report activities that may be fraudulent.

  • Georgia Life & Health Insurance Guaranty Association: All state-licensed life insurance companies belong to the Georgia Life & Health Insurance Guaranty Association, a private organization that provides protections to Georgia policyholders when the issuing company has been liquidated. Typically, as long as premiums are paid as contracted, the guaranty association will continue the coverage as governed by Georgia law.

  • National Association of Insurance Commissioners: Beneficiaries who can't find policy information for a deceased policyholder may request help through the NAIC's policy locator service. 
Christian Worstell
About the Author

Christian Worstell is a senior Medicare and health insurance writer with He is also a licensed health insurance agent. Christian is well-known in the insurance industry for the thousands of educational articles he’s written, helping Americans better understand their health insurance and Medicare coverage.

Christian’s work as a Medicare expert has appeared in several top-tier and trade news outlets including Forbes, MarketWatch, WebMD and Yahoo! Finance.

While at HelpAdvisor, Christian has written hundreds of articles that teach Medicare beneficiaries the best practices for navigating Medicare. His articles are read by thousands of older Americans each month. By better understanding their health care coverage, readers may hopefully learn how to limit their out-of-pocket Medicare spending and access quality medical care.

Christian’s passion for his role stems from his desire to make a difference in the senior community. He strongly believes that the more beneficiaries know about their Medicare coverage, the better their overall health and wellness is as a result.

A current resident of Raleigh, Christian is a graduate of Shippensburg University with a bachelor’s degree in journalism. You can find Christian’s most recent articles in our blog.

If you’re a member of the media looking to connect with Christian, please don’t hesitate to email our public relations team at

Read More
Smiling man and his adult daughter
Discover what you need to know about Texas life insurance, including consumer protections offered, ...
A mother and father hold their young children while standing outside their mobile home
Virginia life insurance policies follow state-specific rules to ensure fair practices. Read here for ...
By understanding life insurance laws where you live, you can make smart policy decisions. Learn which ...