Virginia Administrative Code
Title 14 - INSURANCE
Agency 5 - STATE CORPORATION COMMISSION, BUREAU OF INSURANCE
Chapter 80 - RULES GOVERNING VARIABLE LIFE INSURANCE
Article III - Qualification of Insurer to Issue Variable Life Insurance
Section 14VAC5-80-60 - Use of sales materials
Universal Citation: 14 VA Admin Code 14VAC5-80-60
Current through Register Vol. 41, No. 3, September 23, 2024
An insurer authorized to transact variable life insurance business in this Commonwealth shall not use any sales material, advertising material, or descriptive literature or other materials of any kind in connection with its variable life insurance business in this Commonwealth which is false, misleading, deceptive, or inaccurate.
Variable life insurance marketing communications shall be subject to the additional requirements of Rules Governing Advertisement of Life Insurance and Annuities (14VAC5-41-10 ).
Statutory Authority: 12.1-13 and 38.2-223 of the Code of Virginia.
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