§ 38.2-3334. Death after termination of group insurance and before issuance of individual policy
Each group life insurance policy shall contain a provision that if a person insured under the group policy dies during the period within which he is entitled to have an individual policy issued to him in accordance with § 38.2-3332 or § 38.2-3333 and before the individual policy has become effective, the amount of life insurance that he would have been entitled to have issued to him under an individual policy shall be payable as a claim under the group policy, whether or not application for the individual policy or the payment of the first premium was made.
(1960, c. 273, § 38.1-428.3; 1986, c. 562.)
Sections: Previous 38.2-3327 38.2-3328 38.2-3329 38.2-3330 38.2-3331 38.2-3332 38.2-3333 38.2-3334 38.2-3335 38.2-3336 38.2-3337 38.2-3338 38.2-3339 38.2-3340 38.2-3341 NextLast modified: April 16, 2009