Code of Virginia - Title 38.2 Insurance - Section 38.2-3100.1 Forms of insurance authorized

§ 38.2-3100.1. Forms of insurance authorized

A. Life insurance and annuities shall be issued only in the following forms:

1. Individual life insurance and annuities; or

2. Group life insurance and annuities.

B. Pursuant to the authority granted by § 38.2-223, the Commission may promulgate such regulations as may be necessary or appropriate to govern insurers' practices with regard to Acquired Immunodeficiency Syndrome (AIDS) or presence of the Human Immunodeficiency Virus (HIV), including advertising practices, underwriting practices, policy provisions, claim practices, or other practices with regard to individual or group life insurance and annuities, delivered or issued for delivery in the Commonwealth of Virginia and certificates or evidences of coverage, issued under any contract delivered or issued for delivery in the Commonwealth of Virginia.

(1989, c. 653.)

Sections:  Previous  38.2-3100  38.2-3100.1  38.2-3100.2  38.2-3101  38.2-3102  38.2-3103  38.2-3104  38.2-3105  38.2-3106  38.2-3107  38.2-3108  38.2-3109  38.2-3110  38.2-3111  38.2-3112  Next

Last modified: April 16, 2009