Key Takeaways
- Georgia requires a 10-day free look period for disability insurance policies
- Individual disability policies must include standard policy provisions under Title 33
- Georgia participates in the Long-Term Care Partnership Program for Medicaid asset protection
- LTC policies must offer inflation protection options and nonforfeiture benefits
- Producers must complete 8 hours of LTC training before selling long-term care insurance
Last updated: January 2026
Georgia Disability and Long-Term Care Insurance
Georgia has specific regulations for disability income insurance and long-term care insurance that protect consumers and ensure adequate coverage.
Disability Income Insurance
Free Look Period
Georgia requires a 10-day free look period for individual disability insurance:
- Policyholder can return for full premium refund
- Begins when policy is delivered
- Applies to individual policies
Required Policy Provisions
Georgia disability policies must include:
| Provision | Requirement |
|---|---|
| Grace Period | Minimum 31 days for annual premium |
| Reinstatement | Must allow reinstatement within 3 years |
| Notice of Claim | 20 days after loss begins |
| Proof of Loss | 90 days after end of loss period |
| Time to Pay Claims | Immediately upon receipt of proof |
| Legal Actions | No earlier than 60 days after proof |
Renewability Options
| Type | Description |
|---|---|
| Noncancellable | Cannot cancel or raise rates |
| Guaranteed Renewable | Cannot cancel, may raise rates by class |
| Conditionally Renewable | Can cancel for stated reasons |
| Cancellable | Can cancel at any time |
Claims Payment
- Benefits payable at least monthly
- Must pay within 30 days of receiving proof of loss
- Interest required on late payments
Long-Term Care Insurance
Georgia has comprehensive LTC insurance regulations:
Free Look Period
- 30-day free look for LTC policies
- Applies to all individual LTC policies
- Policyholder can return for full refund
Required Provisions
| Provision | Requirement |
|---|---|
| Renewability | Must be guaranteed renewable |
| Pre-existing Conditions | Max 6-month look-back, 6-month exclusion |
| Elimination Period | Must disclose clearly |
| Inflation Protection | Must offer option |
| Nonforfeiture | Must offer option |
Inflation Protection Options
Insurers must offer at least one inflation protection option:
- Compound inflation (3% or 5%)
- Simple inflation
- Consumer Price Index adjustment
- Future purchase option
Georgia Partnership Program
Georgia participates in the Long-Term Care Partnership Program:
How It Works
- Purchase a Partnership-qualified LTC policy
- Use benefits for care
- If benefits exhaust, apply for Medicaid
- Asset protection - Keep assets equal to benefits received
Example
| Without Partnership | With Partnership |
|---|---|
| Spend down to $2,000 | Protect assets up to benefits paid |
| Standard Medicaid rules | Enhanced asset protection |
| May lose home equity | May keep additional assets |
Producer Requirements
To sell LTC insurance in Georgia:
- Complete 8 hours of initial LTC training
- Training must be approved by the Commissioner
- Complete 4 hours of LTC CE per renewal period
- Must complete training before selling any LTC products
Test Your Knowledge
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Test Your Knowledge
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Test Your Knowledge
How many hours of training must a Georgia producer complete before selling long-term care insurance?
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