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General Provisions | Midpage
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Code of Virginia
Title 38.2
Chapter 31
Article 1
General Provisions
38.2-3100
Scope of chapter
38.2-3100.1
Forms of insurance authorized
38.2-3100.2
Funding agreements
38.2-3100.3
Requirements of life insurance or annuity contracts used to fund preneed funeral contracts
38.2-3101
Legal reserve insurers
38.2-3102
Domestic insurers prohibited from insuring lives and persons of residents of "reciprocal states."
38.2-3103
Fraudulent procurement of policy; penalty
38.2-3104
No policy to be issued purporting to take effect more than six months before application made; conversion permitted
38.2-3105
What contracts with respect to life insurance may be made by minors
38.2-3106
Suicide and execution not grounds of defense; exception
38.2-3107
Incontestability of certain policies
38.2-3108
Misstatement of age
38.2-3109
Contestability of reinstated policy
38.2-3110
Incontestability not applicable to excluded or restricted coverage
38.2-3111
Assignment of life insurance policies
38.2-3111.1
Annuity contract purchased to fund retirement benefits; transfer subject to Commission approval
38.2-3112
Designation of testamentary trustee as beneficiary
38.2-3113
Variable life insurance and variable annuities; separate accounts to be established; authority to issue; reports; special voting rights and procedures for owners
38.2-3113.1
Modified guaranteed life insurance and modified guaranteed annuities; separate accounts; authority to issue; statements required; regulations to be issued; approval expenses
38.2-3113.2
Qualified charitable gift annuities; issuance not business of insurance; disclosures to donors; unfair trade practices provisions not applicable
38.2-3113.3
Educational loan provisions in life insurance policies
38.2-3114
Statements required in variable life insurance and variable annuity contracts and certificates issued pursuant to group variable life insurance and group variable annuity contracts
38.2-3115
Interest on life insurance and annuity contract proceeds
38.2-3115.1
Accelerated payment of benefits
38.2-3116
Commission to establish standards for simplified and readable life insurance and annuity policies
38.2-3117
Standards for certain policies; prohibited policies
38.2-3117.01
Provision of life insurance information upon notification of insured's death