Virginia Administrative Code (Last Updated: January 10, 2017) |
Title 14. Insurance |
Agency 5. State Corporation Commission, Bureau of Insurance |
Chapter 70. Rules Governing Accelerated Benefits Provisions |
Section 110. Discrimination
Latest version.
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Insurers shall not unfairly discriminate among insureds with differing qualifying events covered under the policy or among insureds with similar qualifying events covered under the policy. Insurers shall not apply further conditions on the payment of the accelerated benefits other than those conditions specified in the policy or rider.
Historical Notes
Derived from Regulation 44, Case No. INS920076, § 12, eff. June 1, 1992.
Statutory Authority
§ 38.2-223 of the Code of Virginia.