--- title: O.C.G.A. § 33-25-1. ‘‘Contract of life insurance’’ defined. collection: code id: 33-25-1 cite_as: O.C.G.A. § 33-25-1 (2025) canonical_url: https://georgiacommons.org/code/33-25-1 md_url: https://georgiacommons.org/code/33-25-1.md text_url: https://georgiacommons.org/code/33-25-1/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=409 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. up: https://georgiacommons.org/code/33-25.md previous: https://georgiacommons.org/code/33-24-98.md next: https://georgiacommons.org/code/33-25-2.md index: https://georgiacommons.org/code/index.md version: the only printed version in_force: true current_through: Including Acts of the 2025 Regular Session of the General Assembly heading_path: INSURANCE / LIFE INSURANCE --- # O.C.G.A. § 33-25-1. ‘‘Contract of life insurance’’ defined. A ‘‘contract of life insurance’’ is one whereby the insurer, for a consideration, assumes an obligation to be performed upon the death of the insured or upon the death of another in the continuance of whose life the insured has an insurable interest, whether such obligation is one to pay a sum of money, to perform services, or to furnish goods, wares, or merchandise, or other things of value, and whether the cost or value of the undertaking on the part of the insurer is more or less than the consideration flowing to him. ## History Orig. Code 1863, § 2768; Code 1868, § 2776; Code 1873, § 2818; Code 1882, § 2818; Civil Code 1895, § 2114; Civil Code 1910, § 2496; Code 1933, § 56-901; Code 1933, § 56-2501, enacted by Ga. L. 1960, p. 289, § 1.