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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 90. Rules Governing Advertisement of Accident and Sickness Insurance |
Section 120. Jurisdictional licensing and status of insurer
Latest version.
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A. An advertisement that is intended to be seen or heard beyond the limits of the jurisdiction in which the insurer is licensed shall not imply licensing beyond those limits.
B. An advertisement shall not create the impression directly or indirectly that the insurer, its financial condition or status, or the payment of its claims, or the merits, desirability, or advisability of its policy forms or kinds or plans of insurance are approved, endorsed, or accredited by any division or agency of this Commonwealth or the United States government.
Historical Notes
Derived from Regulation 8, Case No. 19498, § 12, eff. June 1, 1975; amended, Volume 20, Issue 25, eff. August 4, 2004.