§ 38.2-2112. Temporary insurance contracts; duration; what deemed to include
A. Oral or written binders or other temporary insurance contracts may be made and used for a period not exceeding sixty days pending the issuance of the policy, and shall be deemed to include all agreements and provisions set out in §§ 38.2-2104 and 38.2-2105 and all applicable endorsements designated in the temporary insurance contract. Unless otherwise expressly provided, the contract shall be deemed to include the usual provisions, stipulations and agreements which are commonly used in this Commonwealth in effecting the insurance.
B. No temporary insurance contract shall include any provision or agreement which is inconsistent with or waives any provision, stipulation, agreement or condition required by § 38.2-2104 or § 38.2-2105. However, the cancellation provision and the provision fixing the hour of inception may be superseded by the express terms of the temporary insurance contract.
(Code 1950, § 38-181; 1952, c. 317, § 38.1-371; 1986, c. 562.)
Sections: Previous 38.2-2105 38.2-2106 38.2-2107 38.2-2108 38.2-2109 38.2-2110 38.2-2111 38.2-2112 38.2-2113 38.2-2114 38.2-2114.1 38.2-2115 38.2-2116 38.2-2117 38.2-2118 NextLast modified: April 16, 2009