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§ 38.2-3117.2 Explanation of settlement options

The insurer shall provide the beneficiary, at the time a claim is made, written information describing the settlement options available under the policy and how to obtain specific details relevant to the options.

History

This law was first created in 2011. The record of its establishment is cataloged in chapters 194 and 227 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year.

2011, cc. 194, 227.

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