14 Va. Admin. Code § 5-70-20

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

Section 14VAC5-70-20 - Compliance with the chapter

A. Any policy or rider complying with this chapter and other regulatory requirements may be sold, solicited or negotiated in this Commonwealth, or in the case of group life insurance policies or riders, re-issued or renewed in this Commonwealth with accelerated benefit provisions as set forth in this chapter.

B. No policy or rider shall be delivered or issued for delivery in this Commonwealth on or after July 1, 2002, unless it complies with this chapter.

Derived from Regulation 44, Case No. INS920076, § 3, eff. June 1, 1992; amended, Virginia Register Volume 18, Issue 22, eff. July 1, 2002.

Statutory Authority

§§ 12.1-13 and 38.2-223 of the Code of Virginia.