---
title: O.C.G.A. § 33-24-1. Definitions.
collection: code
id: 33-24-1
cite_as: O.C.G.A. § 33-24-1 (2025)
canonical_url: https://georgiacommons.org/code/33-24-1
md_url: https://georgiacommons.org/code/33-24-1.md
text_url: https://georgiacommons.org/code/33-24-1/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t33-ch23-65-(v25)-2020-pdf.pdf?sfvrsn=68297_0#page=113
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: INSURANCE / INSURANCE GENERALLY / GENERAL PROVISIONS
---

# O.C.G.A. § 33-24-1. Definitions.

As used in this chapter, the term:

(1) ‘‘Policy’’ means the written contract of or written agreement for or effecting insurance. The term includes all clauses, riders, endorsements, and papers attached or issued and delivered for attachment to the contract or agreement and made a part of the contract or agreement.

(2) ‘‘Premium’’ means the consideration for insurance, by whatever name called. Any assessment or any membership, policy, survey, inspection, service, or similar fee or charge in consideration for an insurance contract is deemed part of the premium. The term ‘‘premium’’ shall not include any amount deposited and held for the account of the insured which is returnable upon cancellation of the insurance contract and upon which no commission has been paid.

(3) ‘‘Uniform Electronic Transactions Act’’ means Chapter 12 of Title 10.

## History

Code 1933, §§ 56-2402, 56-2403, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1995, p. 1011, § 3; Ga. L. 2014, p. 829, § 3/HB 645.

## Cross References

‘‘Direct response insurance business’’ defined, § 33-24-52.

## Code Commission Notes

Pursuant to Code Section 28-9-5, in 1995, the comma was deleted after the word ‘‘assessment’’ in the second sentence in paragraph (2).