Any person who, in this Commonwealth, on behalf of an insurer licensed in this Commonwealth, sells, solicits, or negotiates individual or group policies of credit life insurance shall first apply for and obtain a license from the Commission as either a life and annuities insurance agent or as a limited lines credit insurance agent as defined in § 38.2-1800. Any person who, in this Commonwealth, on behalf of an insurer licensed in this Commonwealth, sells, solicits, or negotiates individual or group policies of credit accident and sickness insurance, shall first apply for and obtain a license from the Commission as either a health agent or as a limited lines credit insurance agent as defined in § 38.2-1800 of this title, and shall be required to be appointed to represent such insurer in this Commonwealth as set forth in § 38.2-1833.
1992, c. 586; 2001, c. 706.
Structure Code of Virginia
Chapter 37.1 - Credit Life Insurance and Credit Accident and Sickness Insurance
§ 38.2-3719. Forms of credit life insurance and credit accident and sickness insurance
§ 38.2-3720. Amount of credit life insurance and credit accident and sickness insurance
§ 38.2-3721. Term of credit life insurance and credit accident and sickness insurance
§ 38.2-3722. Variable interest rate indebtedness; amount; disclosure; refunds
§ 38.2-3724. Policy provisions; disclosure to debtors; delivery of policy or certificate
§ 38.2-3725. Policy forms to be filed with Commission; approval or disapproval by Commission
§ 38.2-3726. Credit life insurance rates
§ 38.2-3727. Credit accident and sickness insurance rates
§ 38.2-3730. Experience reports and adjustment of prima facie rates
§ 38.2-3732. Insurer delegation of duties
§ 38.2-3734. License requirements
§ 38.2-3735. Disclosure and readability