A life insurer may issue both participating and nonparticipating policies only if the right or absence of right to participate is reasonably related to the premium charged. History. — Code 1933, § 56-1521, enacted by Ga. L. 1960, p. 289, § 1.
When issuance of participating and nonparticipating policies permissible
O.C.G.A. § 33-25-6, under LIFE INSURANCE.
O.C.G.A. § 33-25-6