How many days' notice must an insurance company provide before canceling a workers' compensation policy?

In Georgia, an insurance company is required to provide at least 75 days' notice before canceling a workers' compensation policy. This notice period is designed to ensure that policyholders have adequate time to find alternative coverage and to understand the reasons for the cancellation. Such a lengthy notice period is particularly important in the context of workers' compensation insurance, where the coverage is critical for both employees and employers, protecting them from workplace-related risks. Providing sufficient notice helps to maintain continuity of coverage and allows employers to fully prepare for any transition, safeguarding the interests of both parties involved.

This requirement reflects the regulatory framework in Georgia that aims to facilitate stability in the workers’ compensation system, allowing for proper planning and adjustment by those affected by the policy cancellation.