The Virginia Port Authority may purchase group life, accidental death and dismemberment, and disability insurance policies covering in whole or in part its employees who elect to participate in any retirement plan established under the provisions of § 51.1-126.4. In addition, the Authority may increase the coverage under such policies to make available to each active insured employee optional life and accidental death and dismemberment insurance as provided in § 51.1-512. All eligible employees of the Authority shall be covered by the policies purchased by the Authority as soon as such policies become effective and may not elect to be covered by the Board's group insurance program under § 51.1-501, nor shall they be required to present at their own expense evidence of insurability satisfactory to an insurance company upon changing from one form of coverage to another provided by this chapter. No other section of this chapter shall apply to insurance coverage offered by the Authority to which this section applies except §§ 51.1-510 and 51.1-511.
1997, c. 232.
Structure Code of Virginia
Title 51.1 - Pensions, Benefits, and Retirement
Chapter 5 - Group Insurance Program
§ 51.1-501. Board authorized to purchase group life and accident insurance policies
§ 51.1-502. Eligible employees and officers
§ 51.1-502.1. Certain employees of teaching hospitals
§ 51.1-502.3. Certain employees of the Virginia Port Authority
§ 51.1-503. Limitation on coverage
§ 51.1-504. Election of political subdivision to participate; approval by Board
§ 51.1-505.01. Additional accidental death and dismemberment benefits
§ 51.1-506. Employee contributions; payroll deductions; effect of failure to deduct
§ 51.1-507. Notice of desire not to be insured
§ 51.1-508. Employer contributions
§ 51.1-509. Keeping records and furnishing information required by Board
§ 51.1-510. Insurance exempt from process
§ 51.1-511. Persons entitled to payment of insurance on employee's death
§ 51.1-512. Optional life insurance
§ 51.1-512.1. Optional life insurance for the spouse and minor dependents of employees
§ 51.1-513.1. Long-term care insurance
§ 51.1-513.2. Long-term care coverage program
§ 51.1-513.4. Trust fund for long-term care programs
§ 51.1-514. Policies to provide for accounting to Board; advance premium deposit reserve