Virginia Administrative Code
Title 14 - INSURANCE
Agency 5 - STATE CORPORATION COMMISSION, BUREAU OF INSURANCE
Chapter 70 - RULES GOVERNING ACCELERATED BENEFITS PROVISIONS
Section 14VAC5-70-110 - Discrimination
Universal Citation: 4 VA Admin Code 5-70-110
Current through Register Vol. 41, No. 3, September 23, 2024
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.
Statutory Authority
§ 38.2-223 of the Code of Virginia.
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