To be authorized for insurance transactions in Georgia, insurers may only provide which type of insurance?

In Georgia, insurers are permitted to engage in various types of insurance transactions, including long-term care insurance. This type of insurance specifically covers the costs associated with caring for individuals who may require assistance due to chronic illness or disabilities, and it is critical in planning for future healthcare costs. Long-term care insurance plays an essential role in the insurance landscape in Georgia, as it helps protect individuals from the high costs associated with extended care services that aren't typically covered by standard health insurance policies or Medicare.

While life insurance, property and casualty insurance, and health insurance are all types of coverage that insurers may offer, the context of the question implies that long-term care insurance is specified as a key focus, aligning with state regulations that may encourage or necessitate specific offerings in the insurance market. Thus, the emphasis on long-term care insurance highlights its significance and the unique role it plays in ensuring individuals can manage long-term health needs in Georgia.