Virginia Administrative Code
Title 14 - INSURANCE
Agency 5 - STATE CORPORATION COMMISSION, BUREAU OF INSURANCE
Chapter 70 - RULES GOVERNING ACCELERATED BENEFITS PROVISIONS
Section 14VAC5-70-30 - Applicability and scope
Universal Citation: 4 VA Admin Code 5-70-30
Current through Register Vol. 41, No. 3, September 23, 2024
Except as otherwise specifically provided, this chapter shall apply to accelerated benefit provisions in individual and group life insurance policies or riders to such policies delivered or issued for delivery in this Commonwealth, on or after July 1, 2002, by insurers, fraternal benefit societies, cooperative nonprofit life benefit companies or mutual assessment life, accident and sickness insurers, and to renewals or reissues of group life insurance policies or riders occurring on or after July 1, 2002.
Statutory Authority
§§ 12.1-13 and 38.2-223 of the Code of Virginia.
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