--- title: O.C.G.A. § 33-27-4. Payment of interest on proceeds or payments under policies of group life insurance. collection: code id: 33-27-4 cite_as: O.C.G.A. § 33-27-4 (2025) canonical_url: https://georgiacommons.org/code/33-27-4 md_url: https://georgiacommons.org/code/33-27-4.md text_url: https://georgiacommons.org/code/33-27-4/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=483 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/33-27.md previous: https://georgiacommons.org/code/33-27-3.md next: https://georgiacommons.org/code/33-27-5.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 / GROUP LIFE INSURANCE --- # O.C.G.A. § 33-27-4. Payment of interest on proceeds or payments under policies of group life insurance. Each insurer admitted to transact life insurance in this state shall pay interest on proceeds or payments under any policy of group life insurance payable to a beneficiary residing in this state, to a beneficiary under a policy issued in this state, or to a beneficiary under a policy insuring a person resident in this state at the time of death, in accordance with Code Section 33-25-10. ## History Code 1933, § 56-2503.1, enacted by Ga. L. 1978, p. 2297, § 1.