Va. Code § 38.2-3902

Current with changes from the 2024 legislative session through ch. 845

Section 38.2-3902 - Classes of insurance that may be written by mutual assessment life, accident and sickness insurers

The following classes of insurance can be written by mutual assessment life, accident and sickness insurers:

Category A

1. Life insurance as defined in § 38.2-102;

2. Industrial life insurance as defined in § 38.2-104; and

3. Accident and sickness insurance as defined in § 38.2-109 except Medicare supplement insurance as defined in § 38.2-3600.

Category B

1. Credit life insurance as defined in § 38.2-103;

2. Variable life insurance as defined in § 38.2-105;

3. Credit accident and sickness insurance as defined in § 38.2-108; and

4. Medicare supplement insurance as defined in § 38.2-3600.

Category C

1. Annuities as defined in § 38.2-106; and

2. Variable annuities as defined in § 38.2-107.

Va. Code § 38.2-3902

1985, c. 400, § 38.1-549.3; 1986, c. 562.

Amended by Acts 1986, § c. 562.

Amended by Acts 1985, § c. 400, § 38.1-549.3.