reglab/housing_qa huggingface dataset:
VA Code § 38.2-3325 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3325. Grace period

Each group life insurance policy shall contain a provision that the policyowner is entitled to a grace period of not less than thirty-one days for the payment of any premium due except the first. The provision shall also state that during the grace period the death benefit coverage shall continue in force, unless the policyowner has given the insurer written notice of discontinuance in accordance with the terms of the policy and in advance of the date of discontinuance. The policy may provide that the policyowner shall be liable to the insurer for the payment of a pro rata premium for the time the policy was in force during the grace period.1960, c. 273, § 38.1-424.1; 1986, c. 562.
VA Code § 38.2-3326 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3326. Incontestability

A. Each group life insurance policy shall contain a provision that the validity of the policy shall not be contested, except for nonpayment of premiums, after it has been in force for two years from its date of issue.B. The provision shall also state that no statement made by any person insured under the policy relating to his insurability or the insurability of his insured dependents shall be used in contesting the validity of the insurance with respect to which such statement was made:1. After the insurance has been in force prior to the contest for a period of two years during the lifetime of the person about whom the statement was made; and2. Unless the statement is contained in a written instrument signed by him.Code 1950, § 38-429(1); 1952, c. 317, § 38.1-425; 1986, c. 562.
VA Code § 38.2-3327 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3327. Entire contract; statements deemed representations

A. Each group life insurance policy shall contain a provision that the policy and any application of the policyowner, and any individual applications of the persons insured shall constitute the entire contract between the parties.B. The provision shall also state that:1. A copy of any application of the policyowner shall be attached to the policy when issued;2. All statements made by the policyowner or by the persons insured shall be deemed representations and not warranties; and3. No written statement made by any person insured shall be used in any contest unless a copy of the statement has been furnished to the person, his beneficiary or his personal representative.Code 1950, § 38-429(2); 1952, c. 317, § 38.1-426; 1960, c. 273; 1986, c. 562.
VA Code § 38.2-3328 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3328. Evidence of individual insurability

Each group life insurance policy shall contain a provision setting forth any conditions under which the insurer reserves the right to require a person eligible for insurance to furnish evidence of individual insurability satisfactory to the insurer as a condition to part or all of his coverage.1960, c. 273, § 38.1-426.1; 1986, c. 562.
VA Code § 38.2-3329 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3329. Misstatement of age

Each group life insurance policy shall contain a provision that an equitable adjustment of premiums, benefits, or both shall be made if the age of a person insured has been misstated. The provision shall contain a clear statement of the method of adjustment to be used.Code 1950, § 38-429(3); 1952, c. 317, § 38.1-427; 1960, c. 273; 1986, c. 562.
VA Code § 38.2-3330 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3330. Payment of benefits

Each group life insurance policy shall contain a provision that any sum payable because of the death of the person insured shall be payable to the beneficiary or beneficiaries designated by the person insured, subject to:1. The provisions of the policy as to all or any part of such sum if there is no designated beneficiary living at the time of death of the person insured; and2. Any right reserved by the insurer in the policy and set forth in the certificate to pay a part of the sum, not exceeding $2,000, to any person appearing to the insurer to be equitably entitled thereto because of having incurred funeral or other expenses incident to the death or last illness of the person insured.1960, c. 273, § 38.1-427.1; 1986, c. 562.
VA Code § 38.2-3331 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3331. Individual certificates

A. Each group life insurance policy shall contain a provision that the insurer will issue to the policyholder, for delivery to each person insured, an individual certificate setting forth:1. The insured person's insurance protection, including any limitations, reductions and exclusions applicable to the coverage provided;2. To whom the insurance benefits are payable; and3. The rights and conditions set forth in §§ 38.2-3332, 38.2-3333 and 38.2-3334.B. Each policy issued pursuant to § 38.2-3318.1 B, where any part of the premium is paid by the debtors or by the creditor from identifiable charges collected from the insured debtors not required of an uninsured debtor, shall contain a provision that the insurer will furnish to the policyholder for delivery to each debtor insured under the policy a form that will contain a statement that the life of the debtor is insured under the policy and that any death benefit paid under the policy by reason of his death shall be applied to reduce or extinguish the indebtedness.Code 1950, § 38-429(4); 1952, c. 317, § 38.1-428; 1960, c. 273, § 38.1-428.4; 1986, c. 562; 1998, c. 154.
VA Code § 38.2-3332 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3332. Right to individual policy upon termination of employment or membership

Each group life insurance policy shall contain a provision that if the insurance, or any portion of it, on a person covered under the policy, other than a minor child insured pursuant to § 38.2-3323, ceases because of termination of employment or of membership in the class or classes eligible for coverage under the policy, the person shall be entitled to have the insurer issue him without evidence of insurability an individual policy of life insurance, without disability or other supplementary benefits, subject to the following:1. Application for the individual policy shall be made, and the first monthly or other mutually agreeable modal premium paid to the insurer, within thirty-one days after the termination;2. The individual policy shall at the option of the person be on any one of the forms, except term insurance, then customarily issued by the insurer, subject to the insurer's customary age and amount requirements for the forms;3. The amount of the individual policy shall not exceed the amount of terminated group life insurance less the amount of any group life insurance that the person is or becomes eligible for within thirty-one days after the termination. Any amount of insurance maturing on or before the date of the termination as an endowment payable to the person insured, whether in one sum, installments or in the form of an annuity, shall not be included in the amount of terminated group life insurance; and4. The premium on the individual policy shall be at the insurer's then current rate applicable to the form and amount of the individual policy, to the class of risk to which the person then belongs, and to the person's age on the effective date of the individual policy.1960, c. 273, § 38.1-428.1; 1986, c. 562.
VA Code § 38.2-3333 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3333. Right to individual policy upon termination of group policy or elimination of class of insured persons

Each group life insurance policy shall contain a provision that if the group policy terminates or is amended so as to terminate the insurance of any class of insured persons, every person, other than a minor child insured pursuant to § 38.2-3323, whose insurance terminates and who has been insured for at least five years prior to the termination date shall be entitled to have the insurer issue him an individual life insurance policy. The individual life policy shall be subject to the conditions and limitations set forth in § 38.2-3332. However, the group policy may contain a provision that the amount of the individual policy shall not exceed the smaller of (i) the amount of the person's life insurance protection ceasing because of the termination or amendment of the group policy, less the amount of any life insurance for which he is or becomes eligible under any group policy issued or reinstated by the same or another insurer within 31 days after the termination, or (ii) $10,000.1960, c. 273, § 38.1-428.2; 1986, c. 562.
VA Code § 38.2-3334 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3334. Death after termination of group insurance and before issuance of individual policy

Each group life insurance policy shall contain a provision that if a person insured under the group policy dies during the period within which he is entitled to have an individual policy issued to him in accordance with § 38.2-3332 or § 38.2-3333 and before the individual policy has become effective, the amount of life insurance that he would have been entitled to have issued to him under an individual policy shall be payable as a claim under the group policy, whether or not application for the individual policy or the payment of the first premium was made.1960, c. 273, § 38.1-428.3; 1986, c. 562.
VA Code § 38.2-3335 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3335. Additional persons becoming eligible

Each group life insurance policy shall contain a provision that any person who subsequently becomes a member of a group or class that is covered under the policy shall be eligible for group life insurance in accordance with the same requirements as any other member of the group or class.Code 1950, § 38-429(5); 1952, c. 317, § 38.1-429; 1986, c. 562.
VA Code § 38.2-3336 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3336. Provisions required by other jurisdictions

Group life insurance policies issued by any foreign or alien insurer for delivery in this Commonwealth may contain any provision that is prescribed by the laws of its domiciliary jurisdiction and that is not in conflict with the laws of this Commonwealth. Policies issued by any domestic insurer for delivery in any other jurisdiction may contain any provision required by the laws of that jurisdiction.Code 1950, § 38-430; 1952, c. 317, § 38.1-430; 1986, c. 562.
VA Code § 38.2-3337 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3337. Assignment

With mutual agreement among the insured, the policyholder, and the insurer, any person insured under a group life insurance policy may make an irrevocable assignment of the rights and benefits conferred on him by any provision of the policy or by this article. The assignment may be made to any person other than the insured's employer.Code 1950, §§ 38-429, 38-431; 1952, c. 317, § 38.1-424; 1960, c. 273; 1968, c. 282; 1970, c. 145; 1986, c. 562.
VA Code § 38.2-3338 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3338. Provisions prohibited

No group life insurance policy shall be delivered or issued for delivery in this Commonwealth if it contains any provision:1. Limiting the time within which any action at law or in equity may be commenced to less than one year after the cause of action accrues; or2. To the effect that the agent soliciting the insurance is the agent of the person insured under the policy, or making the acts or representations of the agent binding upon the person insured under the policy.Code 1950, § 38-386; 1952, c. 317, § 38.1-406; 1956, c. 417; 1986, c. 562.
VA Code § 38.2-3339 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3339. Exemption of group life insurance policies from legal process

No group life insurance policy, nor its proceeds, shall be liable to attachment, garnishment, or other process, or to be seized, taken, appropriated, or applied by any legal or equitable process or operation of law, to pay any debt or liability of any person insured under the policy, or his beneficiary, or any other person who has a right under the policy, either before or after payment. If the proceeds of a group life insurance policy are not made payable to a named beneficiary, the proceeds shall not constitute a part of the insured person's estate for the payment of his debts.Code 1950, § 38-432; 1952, c. 317, § 38.1-482; 1986, c. 562.
VA Code § 38.2-3340 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3340. Definition of industrial life insurance

Industrial life insurance means life insurance provided by an individual insurance contract (i) under which premiums are payable monthly or more frequently, and (ii) with the words "industrial policy" printed upon the policy as a part of the descriptive matter.Code 1950, § 38-433; 1952, c. 317, § 38.1-482; 1986, c. 562.
VA Code § 38.2-3341 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3341. Standard provisions required

No industrial life insurance policy shall be delivered or issued for delivery in this Commonwealth, unless it contains in substance the provisions prescribed in this article or provisions that are, in the Commission's opinion, more favorable to policyowners.Code 1950, §§ 38-434, 38-435; 1952, c. 317, § 38.1-410; 1986, c. 562.
VA Code § 38.2-3342 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3342. Ten-day right to examine policy

No industrial life insurance policy shall be delivered or issued for delivery in this Commonwealth unless it has printed on it a notice stating in substance that if during a ten-day period from the date the policy is delivered to the policyowner, the policy is surrendered to the insurer or its agent with a written request for cancellation, the policy shall be void from the beginning and the insurer shall refund any premium paid for the policy. Nothing in this section shall prohibit an insurer from extending the right to examine period to more than ten days if the period is specified in the policy.1977, c. 174, § 38.1-410.1; 1986, c. 562.
VA Code § 38.2-3343 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3343. Grace period

A. Each industrial life insurance policy shall contain a provision that the insured is entitled to a grace period of twenty-eight days within which the payment of any premium after the first may be made. This grace period shall terminate at noon on the twenty-eighth day after the due date of the defaulted premium. However, for monthly payment policies the insured shall be entitled to a grace period of not less than thirty-one days.B. Each policy shall also contain a provision that during the grace period the policy shall continue in full force, but if a claim arises under the policy during the grace period and before the overdue premiums are paid, the amount of overdue premiums may be deducted in any settlement under the policy.Code 1950, § 38-434(1); 1952, c. 317, § 38.1-411; 1986, c. 562.
VA Code § 38.2-3344 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3344. Policy and application to constitute entire contract; statements deemed representations

A. Each industrial life insurance policy shall contain a provision that the policy, or the policy and the application for the policy, if a copy of the application is endorsed upon or attached to the policy when issued, shall constitute the entire contract between the parties.B. The provision shall also state that:1. All statements made by the insured shall, in the absence of fraud, be deemed representations and not warranties; and2. No such statement shall be used in defense of a claim under the policy unless it is contained in a written application that is endorsed upon or attached to the policy when issued.Code 1950, § 38-434(2); 1952, c. 317, § 38.1-412; 1986, c. 562.
VA Code § 38.2-3345 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3345. Incontestability

Each industrial life insurance policy shall contain a provision that the policy shall be incontestable after it has been in force for two years from the date of issue during the lifetime of the insured, except for nonpayment of premiums, and except as to provisions and conditions (i) relating to benefits in the event of certain specific types of disability and (ii) granting additional insurance specifically against death by accident or accidental means.Code 1950, § 38-434(3); 1952, c. 317, § 38.1-413; 1986, c. 562.
VA Code § 38.2-3346 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3346. Misstatement of age

Each industrial life insurance policy shall contain a provision that if, before final settlement of the policy, the age of the insured or the age of any other person if considered in determining the premium is found to have been misstated, the amount payable under the policy shall equal the amount that the premium would have purchased at the insured's or other person's correct age, at the time the policy was issued.Code 1950, § 38-434(4); 1952, c. 317, § 38.1-414; 1986, c. 562.
VA Code § 38.2-3347 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3347. Nonforfeiture benefits and cash surrender values

Each industrial life insurance policy shall contain a provision for nonforfeiture benefits in accordance with the requirements of §§ 38.2-3202 and 38.2-3208, and a provision for cash surrender values in accordance with the requirements of §§ 38.2-3203 and 38.2-3209.Code 1950, § 38-434(5), (6); 1952, c. 317, § 38.1-415; 1986, c. 562.
VA Code § 38.2-3348 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3348. Reinstatement

Each industrial life insurance policy shall contain a provision that the policy, if not surrendered for its cash value or if the period of extended term insurance has not expired, may be reinstated within one year from the date of default in payment of premiums upon:1. Payment of all overdue premiums and, at the insurer's option, interest on the overdue premiums at an annual rate not exceeding six percent; and2. Presentation of evidence satisfactory to the insurer of the insurability of the insured.Code 1950, § 38-434(7); 1952, c. 317, § 38.1-416; 1986, c. 562.
VA Code § 38.2-3349 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3349. Table of nonforfeiture options

Each industrial life insurance policy shall contain a table showing the nonforfeiture options available under the policy each year upon default in the payment of premiums during at least the first twenty years of the policy, or during the premium-paying period if less than twenty years. There shall also be a provision that the insurer will furnish, upon request, an extension of the table beyond the years shown in the policy.Code 1950, § 38-434(8); 1952, c. 317, § 38.1-417; 1986, c. 562.
VA Code § 38.2-3350 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3350. Settlement

Each industrial life insurance policy shall contain a provision that when a death claim arises under the policy, settlement shall be made within two months after receipt of due proof of death.Code 1950, § 38-434(9); 1952, c. 317, § 38.1-418; 1986, c. 562.
VA Code § 38.2-3351 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3351. Title

Each industrial life insurance policy shall have a title on its face that briefly and accurately describes the nature and form of the policy.Code 1950, § 38-434(10); 1952, c. 317, § 38.1-419; 1986, c. 562.
VA Code § 38.2-3352 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3352. Provisions not required in certain policies

The provisions of this article do not apply to policies issued or granted in exercise of the nonforfeiture provisions of § 38.2-3347.Code 1950, § 38-438; 1952, c. 317, § 38.1-420; 1986, c. 562.
VA Code § 38.2-3353 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3353. Provisions required by other jurisdictions

Industrial life insurance policies issued by any foreign or alien insurer for delivery in this Commonwealth may contain any provision that is prescribed by the laws of its domiciliary jurisdiction and is not in conflict with the laws of this Commonwealth. Policies issued by any domestic insurer for delivery in any other jurisdiction may contain any provision required by the laws of that jurisdiction.Code 1950, § 38-436; 1952, c. 317, § 38.1-421; 1986, c. 562.
VA Code § 38.2-3354 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 33 - Life Insurance Policies|§ 38.2-3354. Prohibited provisions

No industrial life insurance policy shall be delivered or issued for delivery in this Commonwealth if it contains any of the following provisions:1. Limiting the time within which any action at law or in equity may be commenced to less than one year after the cause of action accrues;2. For any mode of settlement at maturity of less value than the amount insured by the policy plus any dividend additions to the policy, less (i) any indebtedness to the insurer on or secured by the policy and (ii) any premium that may by the terms of the policy be deducted. This subdivision shall not apply to any nonforfeiture provision that employs the cash value less any indebtedness, to purchase paid up or extended insurance, and shall not prohibit the issuance of policies providing for a limitation in the amount payable under certain specified conditions; or3. To the effect that the agent soliciting the insurance is the agent of the person insured under the policy, or making the acts or representations of the agent binding upon the person insured under the policy.Code 1950, § 38-437; 1952, c. 317, § 38.1-422; 1986, c. 562.
VA Code § 38.2-3400 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 34 - Provisions Relating to Accident and Sickness Insurance|§ 38.2-3400. Application of chapter

A. This chapter and Chapter 35 (§ 38.2-3500 et seq.) of this title apply to insurance policies or contracts of the class described in § 38.2-109 delivered or issued for delivery in this Commonwealth except as provided in subsection B of this section.B. Nothing in this chapter shall apply to or affect:1. Any workers' compensation insurance policy;2. Any liability insurance policy with or without supplementary expense coverage, including any motor vehicle liability insurance policy, providing weekly indemnity or other specific benefits to persons who are injured and specific death benefits to dependents, beneficiaries or personal representatives of persons who are killed, irrespective of the legal liability of the insured or any other person;3. Any policy or contract of reinsurance;4. Life insurance or annuities;5. Any industrial sick benefit insurance; or6. Any credit accident and sickness insurance policy.Code 1950, § 38-225; 1950, p. 1016; 1952, c. 317, §§ 38.1-347, 38.1-360; 1956, c. 678; 1974, c. 95; 1975, c. 281; 1976, c. 355; 1977, c. 606; 1978, c. 496; 1979, cc. 13, 97; 1980, c. 719; 1986, c. 562.