14 Va. Admin. Code § 5-70-100

Current through Register Vol. 41, No. 2, September 9, 2024

Section 14VAC5-70-100 - Waiver of premiums

The insurer may offer a waiver of premium for the accelerated benefit provision in the absence of a regular waiver of premium provision being in effect. At the time the benefit is claimed, the insurer shall explain any continuing premium requirement to keep the policy in force.

14 Va. Admin. Code § 5-70-100

Derived from Regulation 44, Case No. INS920076, § 11, eff. June 1, 1992.

Statutory Authority

§ 38.2-223 of the Code of Virginia.