Code of Virginia - Title 38.2 Insurance - Section 38.2-3349 Table of nonforfeiture options

§ 38.2-3349. Table of nonforfeiture options

Each industrial life insurance policy shall contain a table showing the nonforfeiture options available under the policy each year upon default in the payment of premiums during at least the first twenty years of the policy, or during the premium-paying period if less than twenty years. There shall also be a provision that the insurer will furnish, upon request, an extension of the table beyond the years shown in the policy.

(Code 1950, § 38-434(8); 1952, c. 317, § 38.1-417; 1986, c. 562.)

Sections:  Previous  38.2-3340  38.2-3341  38.2-3342  38.2-3343  38.2-3344  38.2-3345  38.2-3346  38.2-3347  38.2-3348  38.2-3349  38.2-3350  38.2-3351  38.2-3352  38.2-3353  38.2-3354  Next

Last modified: April 3, 2009