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64 chapters · 1,789 sections in this title.
Va. Code Ann. § 38.2-3347 Nonforfeiture benefits and cash surrender values
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Each industrial life insurance policy shall contain a provision for nonforfeiture benefits in accordance with the requirements of §§ 38.2-3202 and 38.2-3208, and a provision for cash surrender values in accordance with the requirements of §§ 38.2-3203 and 38.2-3209.
Va. Code Ann. § 38.2-3348 Reinstatement
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Each industrial life insurance policy shall contain a provision that the policy, if not surrendered for its cash value or if the period of extended term insurance has not expired, may be reinstated within one year from the date of default in payment of premiums upon: 1. Payment o…
Va. Code Ann. § 38.2-3349 Table of nonforfeiture options
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Each industrial life insurance policy shall contain a table showing the nonforfeiture options available under the policy each year upon default in the payment of premiums during at least the first twenty years of the policy, or during the premium-paying period if less than twenty…
Va. Code Ann. § 38.2-3350 Settlement
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Each industrial life insurance policy shall contain a provision that when a death claim arises under the policy, settlement shall be made within two months after receipt of due proof of death.