§ 38.2-3537. Time of payment of claims
Each group accident and sickness insurance policy shall contain a provision that all benefits payable under the policy other than benefits for loss of time shall be payable within sixty days after receipt of proof of loss. The provision shall also state that, subject to proof of loss, all accrued benefits payable under the policy for loss of time shall be paid at least monthly during the continuance of the period for which the insurer is liable, and that any balance remaining unpaid at the termination of such period will be paid as soon as possible.
(1986, c. 562.)
Sections: Previous 38.2-3530 38.2-3531 38.2-3532 38.2-3533 38.2-3534 38.2-3535 38.2-3536 38.2-3537 38.2-3538 38.2-3539 38.2-3540 38.2-3540.1 38.2-3541 38.2-3542 38.2-3543 NextLast modified: April 3, 2009