Statutes, codes, and regulations
Code of Virginia
Title 38.2 - INSURANCEChapter 38 - COOPERATIVE NONPROFIT LIFE BENEFIT COMPANIES
Article 2 - RESERVES, POLICIES AND BENEFITS
Section 38.2-3815 - What benefits policies may provide

Va. Code § 38.2-3815

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Current with changes from the 2024 legislative session through ch. 845
Section 38.2-3815 - What benefits policies may provide

Any company may provide for (i) stipulated premiums, (ii) death, annuity, endowment and disability benefits, and (iii) cash surrender and loan values to an amount not exceeding the reserve, or its equivalent, in paid-up or extended term insurance, based upon the mortality standards set forth in this chapter.

Va. Code § 38.2-3815

Code 1950, § 38-483; 1952, c. 317, § 38.1-515; 1986, c. 562.
Amended by Acts 1986, § c. 562.
Amended by Acts 1952, § c. 317, § 38.1-515.