§ 38.2-5208. Right to return; free look provision
Long-term care insurance policies and certificates shall have a notice prominently printed on the first page or attached thereto stating in substance that the policyholder or insured person has the right to return the policy or certificate within thirty days of its delivery and to have the premium refunded if, after examination of the policy or certificate, the policyholder or insured person is not satisfied for any reason. A policy or certificate returned pursuant to the notice shall be void from its inception upon the mailing or delivery of the policy or certificate to the insurer or its agent.
(1987, c. 586; 1990, c. 285.)
Sections: Previous 38.2-5200 38.2-5201 38.2-5202 38.2-5202.1 38.2-5203 38.2-5204 38.2-5205 38.2-5206 38.2-5207 38.2-5207.1 38.2-5207.2 38.2-5208 38.2-5209 38.2-5210 NextLast modified: April 3, 2009