§ 38.2-3342. Ten-day right to examine policy
No industrial 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, § 38.1-410.1; 1986, c. 562.)
Sections: Previous 38.2-3335 38.2-3336 38.2-3337 38.2-3338 38.2-3339 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 NextLast modified: April 3, 2009