Virginia Administrative Code (Last Updated: January 10, 2017) |
Title 14. Insurance |
Agency 5. State Corporation Commission, Bureau of Insurance |
Chapter 90. Rules Governing Advertisement of Accident and Sickness Insurance |
Section 100. Identification of plan or number of policies
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A. When a choice of the amount of benefits is referred to, an advertisement shall disclose that the amount of benefits provided depends upon the plan selected and that the premium will vary with the amount of the benefits selected.
B. When an advertisement refers to various benefits that may be contained in two or more policies, other than group master policies, the advertisement shall disclose that such benefits are provided only through a combination of policies.
Historical Notes
Derived from Regulation 8, Case No. 19498, § 10, eff. June 1, 1975; amended, Volume 20, Issue 25, eff. August 4, 2004.