CODE OF VIRGINIA

BENEFITS (§ 38.2-4116)

A. A society may apply to the Commission to provide the following contractual
benefits in any form:

   1.  Death benefits;

   2.  Endowment benefits;

   3.  Annuity benefits;

   4.  Temporary or permanent disability benefits;

   5.  Hospital, medical or nursing benefits;

   6.  Monument or tombstone benefits to the memory of deceased members; and

   7.  Such other benefits as authorized for life insurers and which are not
   inconsistent with this chapter.

B. A society shall specify in its rules those persons who may be issued, or
covered by, the contractual benefits in subsection A, consistent with providing
benefits to members and their dependents.  A society may provide benefits on the
lives of children under the minimum age for adult membership upon application of
an adult person.

HISTORY: Code 1950, §§ 38-283, 38.1-599; 1952, c. 317, § 38.1-638.31; 1968,
c. 654; 1972, c. 530; 1975, c. 262; 1986, c. 562.