§ 38.2-3301. Ten-day right to examine policy
No individual life insurance policy shall be delivered or issued for delivery in this Commonwealth unless it has printed on it a notice stating in substance that if, during a ten-day period from the date the policy is delivered to the policyowner, the policy is surrendered to the insurer or its agent with a written request for cancellation, the policy shall be void from the beginning and the insurer shall refund any premium paid for the policy. Nothing in this section shall prohibit an insurer from extending the right to examine period to more than ten days if the period is specified in the policy.
(1977, c. 174, § 38.1-390.1; 1986, c. 562.)
Sections: Previous 38.2-3300 38.2-3301 38.2-3302 38.2-3303 38.2-3304 38.2-3305 38.2-3306 38.2-3307 38.2-3308 38.2-3309 38.2-3310 38.2-3311 38.2-3312 38.2-3313 38.2-3314 NextLast modified: April 3, 2009