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Virginia Administrative Code (Last Updated: January 10, 2017) |
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Title 14. Insurance |
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Agency 5. State Corporation Commission, Bureau of Insurance |
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Chapter 70. Rules Governing Accelerated Benefits Provisions |
Section 20. Compliance with the chapter
Latest version.
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A. Any policy or rider complying with this chapter and other regulatory requirements may be sold, solicited or negotiated in this Commonwealth, or in the case of group life insurance policies or riders, re-issued or renewed in this Commonwealth with accelerated benefit provisions as set forth in this chapter.
B. No policy or rider shall be delivered or issued for delivery in this Commonwealth on or after July 1, 2002, unless it complies with this chapter.
Historical Notes
Derived from Regulation 44, Case No. INS920076, § 3, eff. June 1, 1992; amended, Volume 18, Issue 22, eff. July 1, 2002.