Code of Virginia - Title 38.2 Insurance - Section 38.2-3346 Misstatement of age

§ 38.2-3346. Misstatement of age

Each industrial life insurance policy shall contain a provision that if, before final settlement of the policy, the age of the insured or the age of any other person if considered in determining the premium is found to have been misstated, the amount payable under the policy shall equal the amount that the premium would have purchased at the insured's or other person's correct age, at the time the policy was issued.

(Code 1950, § 38-434(4); 1952, c. 317, § 38.1-414; 1986, c. 562.)

Sections:  Previous  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  38.2-3350  38.2-3351  38.2-3352  38.2-3353  Next

Last modified: April 3, 2009