§ 38.2-2625

Cancellation of reimbursement insurance policy

As applicable, an insurer that issued a reimbursement insurance policy shall not terminate the policy until a notice of termination in accordance with § 38.2-231 has been mailed or delivered to the Commission. The termination of a reimbursement insurance policy shall not reduce the issuer’s responsibility for home service contracts issued by providers prior to the date of the termination.

History

2006, c. 634.

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