A. Each industrial life insurance policy shall contain a provision that the policy, or the policy and the application for the policy, if a copy of the application is endorsed upon or attached to the policy when issued, shall constitute the entire contract between the parties.
B. The provision shall also state that:
1. All statements made by the insured shall, in the absence of fraud, be deemed representations and not warranties; and
2. No such statement shall be used in defense of a claim under the policy unless it is contained in a written application that is endorsed upon or attached to the policy when issued.
Code 1950, § 38-434(2); 1952, c. 317, § 38.1-412; 1986, c. 562.
Structure Code of Virginia
Chapter 33 - Life Insurance Policies
§ 38.2-3300. Requirements; exceptions
§ 38.2-3301. Ten-day right to examine policy
§ 38.2-3301.1. Delivery of individual life insurance policies
§ 38.2-3302. How premiums payable
§ 38.2-3304. Policy constitutes entire contract; statements deemed representations
§ 38.2-3306. Misstatement of age
§ 38.2-3307. Participation in surplus
§ 38.2-3309. Nonforfeiture benefits and cash surrender values
§ 38.2-3310. Table of values and options
§ 38.2-3313. Table of installments
§ 38.2-3315. Variations for certain forms of policies; providing more favorable terms
§ 38.2-3316. Provisions prohibited
§ 38.2-3317. Provisions required by other jurisdictions
§ 38.2-3318.1. Group life insurance requirements
§ 38.2-3319.1. Limits of group life insurance
§ 38.2-3319.2. Review of records
§ 38.2-3320.1. Policies issued outside of the Commonwealth of Virginia
§ 38.2-3321.1. Requirements for those marketing group life insurance
§ 38.2-3323. Group life insurance coverages of spouses, dependent children, and other persons
§ 38.2-3324. Standard provisions required; exceptions
§ 38.2-3327. Entire contract; statements deemed representations
§ 38.2-3328. Evidence of individual insurability
§ 38.2-3329. Misstatement of age
§ 38.2-3330. Payment of benefits
§ 38.2-3331. Individual certificates
§ 38.2-3332. Right to individual policy upon termination of employment or membership
§ 38.2-3334. Death after termination of group insurance and before issuance of individual policy
§ 38.2-3335. Additional persons becoming eligible
§ 38.2-3336. Provisions required by other jurisdictions
§ 38.2-3338. Provisions prohibited
§ 38.2-3339. Exemption of group life insurance policies from legal process
§ 38.2-3340. Definition of industrial life insurance
§ 38.2-3341. Standard provisions required
§ 38.2-3342. Ten-day right to examine policy
§ 38.2-3344. Policy and application to constitute entire contract; statements deemed representations
§ 38.2-3346. Misstatement of age
§ 38.2-3347. Nonforfeiture benefits and cash surrender values
§ 38.2-3349. Table of nonforfeiture options
§ 38.2-3352. Provisions not required in certain policies