Section 140. Group or quasi-group implications

Latest version.

An advertisement of a particular policy shall not state or imply that prospective insureds become group or quasi-group members covered under a group policy and as such enjoy special rates or underwriting privileges, unless that is the fact.

Historical Notes

Derived from Regulation 8, Case No. 19498, § 14, eff. June 1, 1975; amended, Volume 20, Issue 25, eff. August 4, 2004.

Statutory Authority

§§ 12.1-13 and 38.2-223 of the Code of Virginia.

                    
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