§ 51.1-502.3. Certain employees of the Virginia Port Authority
The Virginia Port Authority may purchase group life, accidental death and dismemberment, and disability insurance policies covering in whole or in part its employees who elect to participate in any retirement plan established under the provisions of § 51.1-126.4. In addition, the Authority may increase the coverage under such policies to make available to each active insured employee optional life and accidental death and dismemberment insurance as provided in § 51.1-512. All eligible employees of the Authority shall be covered by the policies purchased by the Authority as soon as such policies become effective and may not elect to be covered by the Board's group insurance program under § 51.1-501, nor shall they be required to present at their own expense evidence of insurability satisfactory to an insurance company upon changing from one form of coverage to another provided by this chapter. No other section of this chapter shall apply to insurance coverage offered by the Authority to which this section applies except §§ 51.1-510 and 51.1-511.
(1997, c. 232.)
Sections: Previous 51.1-500 51.1-501 51.1-502 51.1-502.1 51.1-502.2 51.1-502.3 51.1-503 51.1-504 51.1-505 51.1-505.01 51.1-506 51.1-507 51.1-508 51.1-509 51.1-510 NextLast modified: April 16, 2009