---
title: O.C.G.A. § 33-26-6.2. Premium payment cap on whole life insurance policies.
collection: code
id: 33-26-6.2
cite_as: O.C.G.A. § 33-26-6.2 (2025)
canonical_url: https://georgiacommons.org/code/33-26-6.2
md_url: https://georgiacommons.org/code/33-26-6.2.md
text_url: https://georgiacommons.org/code/33-26-6.2/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=469
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/33-26.md
previous: https://georgiacommons.org/code/33-26-6.1.md
next: https://georgiacommons.org/code/33-26-7.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 / INDUSTRIAL LIFE INSURANCE
---

# O.C.G.A. § 33-26-6.2. Premium payment cap on whole life insurance policies.

(a) No insurer shall issue a policy which allows for the collection or payment of premiums which in the aggregate will be greater than 150 percent of the face amount of the policy.

(b) This Code section shall apply to industrial whole life policies, which are policies which may be kept in force for a person’s whole life and which pay a benefit upon the person’s death, whenever such death occurs, or policies which may have a designated age certain, as specified in the policy, when premium payments would cease.

## History

Code 1981, § 33-26-6.2, enacted by Ga. L. 2002, p. 572, § 3.