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§ 38.2-3100. Scope of chapter - Except as otherwise provided, this chapter applies to insurers transacting...
§ 38.2-3100.1. Forms of insurance authorized - A. Life insurance and annuities shall be issued only in...
§ 38.2-3100.2. Funding agreements - A. Any insurer that is licensed to write life insurance...
§ 38.2-3100.3. Requirements of life insurance or annuity contracts used to fund preneed funeral contracts - A. For purposes of this section, "preneed funeral contract" means...
§ 38.2-3101. Legal reserve insurers - Any life insurer, association or society whose policies or certificates...
§ 38.2-3102. Domestic insurers prohibited from insuring lives and persons of residents of "reciprocal states." - A. As used in this section, "reciprocal state" means a...
§ 38.2-3103. Fraudulent procurement of policy; penalty - A. No person shall knowingly secure, attempt to secure or...
§ 38.2-3104. No policy to be issued purporting to take effect more than six months before application made; conversion permitted - A. No life insurance policy delivered or issued for delivery...
§ 38.2-3105. What contracts with respect to life insurance may be made by minors - A. A minor who is at least fifteen years of...
§ 38.2-3106. Suicide and execution not grounds of defense; exception - A. Except as provided in subsection B of this section,...
§ 38.2-3107. Incontestability of certain policies - A. No life insurance policy shall be contestable after it...
§ 38.2-3108. Misstatement of age - Each life insurance policy shall contain a provision that, if...
§ 38.2-3109. Contestability of reinstated policy - Reinstatement of a life insurance policy shall not affect the...
§ 38.2-3110. Incontestability not applicable to excluded or restricted coverage - Any life insurance policy provision stating that the policy shall...
§ 38.2-3111. Assignment of life insurance policies - No life insurance policy shall be taken out by the...
§ 38.2-3111.1. Annuity contract purchased to fund retirement benefits; transfer subject to Commission approval - A. As used in this section: "Employer" means a person...
§ 38.2-3112. Designation of testamentary trustee as beneficiary - A. A life insurance policy may designate as beneficiary a...
§ 38.2-3113. Variable life insurance and variable annuities; separate accounts to be established; authority to issue; reports; special voting rights and procedures for owners - A. Each domestic insurer that issues life insurance or annuities...
§ 38.2-3113.1. Modified guaranteed life insurance and modified guaranteed annuities; separate accounts; authority to issue; statements required; regulations to be issued; approval expenses - A. For purposes of this section, "modified guaranteed contracts" means...
§ 38.2-3113.2. Qualified charitable gift annuities; issuance not business of insurance; disclosures to donors; unfair trade practices provisions not applicable - A. The issuance of a qualified charitable gift annuity does...
§ 38.2-3113.3. Educational loan provisions in life insurance policies - Educational loan provisions may be included as additional benefits, as...
§ 38.2-3114. Statements required in variable life insurance and variable annuity contracts and certificates issued pursuant to group variable life insurance and group variable annuity contracts - Any variable life insurance or variable annuity contract delivered or...
§ 38.2-3115. Interest on life insurance and annuity contract proceeds - A. If an action to recover the proceeds due under...
§ 38.2-3115.1. Accelerated payment of benefits - A. Except as set forth in subsection C of this...
§ 38.2-3116. Commission to establish standards for simplified and readable life insurance and annuity policies - A. Pursuant to the authority granted under § 38.2-223, the...
§ 38.2-3117. Standards for certain policies; prohibited policies - A. Pursuant to the authority granted under § 38.2-223, the...
§ 38.2-3117.01. Provision of life insurance information upon notification of insured's death - Upon receipt of a request for information regarding a deceased...
§ 38.2-3117.1. Definitions - As used in this article, unless the context requires a...
§ 38.2-3117.2. Explanation of settlement options - The insurer shall provide the beneficiary, at the time a...
§ 38.2-3117.3. Supplemental contract - If the insurer settles benefits through a retained asset account,...
§ 38.2-3117.4. Disclosures for retained asset accounts to beneficiaries - The insurer shall provide the following written disclosures to the...
§ 38.2-3118. Spendthrift trusts created under life insurance policies - If, under the terms of any life insurance policy or...
§ 38.2-3119. Limitation on § 38.2-3118 - A. The provisions of § 38.2-3118 shall not apply to...
§ 38.2-3120. Repealed - Repealed by Acts 2005, c. 935, cl. 3, effective July...
§ 38.2-3121. Segregation of proceeds not required - No insurer holding the proceeds of any policy mentioned in...
§ 38.2-3122. Proceeds and avails of life insurance policies and annuity contracts free of certain claims - A. As used in this section, "protected insurance item" means,...
§ 38.2-3122.1. Annuity contract purchased to fund retirement benefits; protection from creditor's claims - A. As used in this section: "Employer" means a person...
§ 38.2-3123. Repealed - Repealed by Acts 2018, c. 304, cl. 2.
§ 38.2-3124. Protection of insurers from creditor's claims - Notwithstanding § 38.2-3122, any insurer issuing any insurance policy shall...
§ 38.2-3125. Other rights of beneficiaries and assignees protected - Since the purpose of §§ 38.2-3122 and 38.2-3122.1 is to...
§ 38.2-3126. Repealed - Repealed by Acts 2014, c. 571, cl. 2, effective January...