You may cancel this contract at any time before midnight on the fifth business day after you have received written notification from your insurer that all or any part of the claim or contract is not a covered loss under the insurance policy. This right to cancel is in addition to any other rights of cancellation which may be found in state or federal law or regulation. See attached notice of cancellation form for an explanation of this right”; and
“NOTICE OF CANCELLATION”
If you are notified by your insurer that all or any part of the claim or contract is not a covered loss under the insurance policy, you may cancel the contract by mailing or delivering a signed and dated copy of this cancellation notice or any other written notice to (name of contractor) at (address of contractor’s place of business) at any time prior to midnight on the fifth business day after you have received such notice from your insurer.
I HEREBY CANCEL THIS TRANSACTION
_______________
Date
_______________
Insured’s signature
History. Code 1981, § 10-1-393.12 , enacted by Ga. L. 2011, p. 613, § 1/HB 423; Ga. L. 2015, p. 1088, § 2/SB 148.
The 2015 amendment, effective July 1, 2015, in paragraph (c)(2), in the “Notice of Cancellation” form, substituted “Date” for “(date)” and substituted “Insured’s signature” for “(insured’s signature).
Structure Georgia Code
Chapter 1 - Selling and Other Trade Practices
Article 15 - Deceptive or Unfair Practices
Part 2 - Fair Business Practices Act
§ 10-1-391. Purpose and Construction of Part
§ 10-1-392. Definitions; When Intentional Violation Occurs
§ 10-1-393. Unfair or Deceptive Practices in Consumer Transactions Unlawful; Examples
§ 10-1-393.1. Office Supply Transactions; Solicitations for Telephone Directory Listings
§ 10-1-393.2. Requirements for Health Spas
§ 10-1-393.3. Prohibited Use of Purchaser’s Credit Card Information by Merchant
§ 10-1-393.4. Pricing Practices During State of Emergency
§ 10-1-393.6. Unlawful Telemarketing Transactions; Criminal Penalty
§ 10-1-393.7. Solicitation During Final Illness; Penalty
§ 10-1-393.8. Protection From Disclosure of an Individual’s Social Security Number
§ 10-1-393.9. Registration of Private Child Support Collectors; Surety Bond or Alternative
§ 10-1-393.12. Contract With Residential Roofing Contractor; Definitions
§ 10-1-393.14. Consumer Report for Employment Purposes
§ 10-1-396. Acts Exempt From Part
§ 10-1-397. Cease and Desist Orders; Civil Penalty; Judicial Relief; Receivers
§ 10-1-397.1. Initiation or Intervention by Attorney General
§ 10-1-398. Stay of Cease and Desist Order; Hearing
§ 10-1-399. Civil or Equitable Remedies by Individuals
§ 10-1-400. Limitation on Recovery in Case of Bona Fide Error
§ 10-1-401. Limitation of Actions; Right to Set Off Damages or Penalties Not Limited
§ 10-1-402. Assurances of Voluntary Compliance
§ 10-1-403. Investigations; Demands for Evidence
§ 10-1-405. Civil Penalties; Individual Liability
§ 10-1-406. Duty of Prosecuting Attorneys
§ 10-1-407. Part Not Exclusive
§ 10-1-408. Continuing Validity of Previously Adopted Rules, Orders, Actions, and Regulations