{"law_id":"781787","section_number":"38.2-3315","catch_line":"Variations for certain forms of policies; providing more favorable terms","history":"Code 1950, \u00a7 38-372; 1952, c. 317, \u00a7 38.1-404; 1976, c. 562; 1986, c. 562.","order_by":null,"metadata":false,"court_decisions":{},"official_url":"http:\/\/law.lis.virginia.gov\/vacode\/38.2-3315\/","refers_to":[{"id":"784953","section_number":"38.2-3300","catch_line":"Requirements; exceptions","url":"\/38.2-3300\/"},{"id":"768214","section_number":"38.2-3314","catch_line":"Title","url":"\/38.2-3314\/"}],"url":"\/38.2-3315\/","token":"38.2\/33\/1\/38.2-3315","structure":{"1":{"id":"2162","name":"Life Insurance Policies; Annuities","identifier":"1","label":"article","url":"\/38.2\/33\/1\/"},"2":{"id":"192","name":"Life Insurance Policies","identifier":"33","label":"chapter","url":"\/38.2\/33\/"},"3":{"id":"7","name":"Insurance","identifier":"38.2","label":"title","url":"\/38.2\/"}},"referred_to_by":[{"id":"781787","section_number":"38.2-3315","catch_line":"Variations for certain forms of policies; providing more favorable terms","url":"\/38.2-3315\/"}],"edition_id":"11","section_id":"781787","structure_id":"2162","full_text":"A Any of the requirements of \u00a7\u00a7 38.2-3300 through 38.2-3314 not applicable to single premium, nonparticipating, term, variable, or flexible premium life insurance policies shall to that extent, as approved by the Commission, be appropriately modified or not be incorporated in these policies.\r\rB Any individual life insurance policy that, in the opinion of the Commission, contains provisions more favorable to the policyholder than those required by \u00a7\u00a7 38.2-3300 through 38.2-3314, may be delivered or issued for delivery in this Commonwealth after approval by the Commission.\r\r","text":{"0":{"id":"2521432","text":"Any of the requirements of \u00a7\u00a7 38.2-3300 through 38.2-3314 not applicable to single premium, nonparticipating, term, variable, or flexible premium life insurance policies shall to that extent, as approved by the Commission, be appropriately modified or not be incorporated in these policies.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1},"1":{"id":"2521433","text":"Any individual life insurance policy that, in the opinion of the Commission, contains provisions more favorable to the policyholder than those required by \u00a7\u00a7 38.2-3300 through 38.2-3314, may be delivered or issued for delivery in this Commonwealth after approval by the Commission.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1}},"ancestry":{"1":{"id":"2162","name":"Life Insurance Policies; Annuities","identifier":"1","label":"article","url":"\/38.2\/33\/1\/"},"2":{"id":"192","name":"Life Insurance Policies","identifier":"33","label":"chapter","url":"\/38.2\/33\/"},"3":{"id":"7","name":"Insurance","identifier":"38.2","label":"title","url":"\/38.2\/"}},"structure_contents":{"0":{"id":"784953","structure_id":"2162","section_number":"38.2-3300","catch_line":"Requirements; exceptions","url":"\/38.2-3300\/","token":"38.2\/33\/1\/38.2-3300"},"1":{"id":"786891","structure_id":"2162","section_number":"38.2-3301","catch_line":"Ten-day right to examine policy","url":"\/38.2-3301\/","token":"38.2\/33\/1\/38.2-3301"},"2":{"id":"779324","structure_id":"2162","section_number":"38.2-3301.1","catch_line":"Delivery of individual life insurance policies","url":"\/38.2-3301.1\/","token":"38.2\/33\/1\/38.2-3301.1"},"3":{"id":"774989","structure_id":"2162","section_number":"38.2-3302","catch_line":"How premiums payable","url":"\/38.2-3302\/","token":"38.2\/33\/1\/38.2-3302"},"4":{"id":"786438","structure_id":"2162","section_number":"38.2-3303","catch_line":"Grace period","url":"\/38.2-3303\/","token":"38.2\/33\/1\/38.2-3303"},"5":{"id":"791860","structure_id":"2162","section_number":"38.2-3304","catch_line":"Policy constitutes entire contract; statements deemed representations","url":"\/38.2-3304\/","token":"38.2\/33\/1\/38.2-3304"},"6":{"id":"787706","structure_id":"2162","section_number":"38.2-3305","catch_line":"Incontestability","url":"\/38.2-3305\/","token":"38.2\/33\/1\/38.2-3305"},"7":{"id":"790778","structure_id":"2162","section_number":"38.2-3306","catch_line":"Misstatement of age","url":"\/38.2-3306\/","token":"38.2\/33\/1\/38.2-3306"},"8":{"id":"796175","structure_id":"2162","section_number":"38.2-3307","catch_line":"Participation in surplus","url":"\/38.2-3307\/","token":"38.2\/33\/1\/38.2-3307"},"9":{"id":"780557","structure_id":"2162","section_number":"38.2-3308","catch_line":"Policy loans","url":"\/38.2-3308\/","token":"38.2\/33\/1\/38.2-3308"},"10":{"id":"768516","structure_id":"2162","section_number":"38.2-3309","catch_line":"Nonforfeiture benefits and cash surrender values","url":"\/38.2-3309\/","token":"38.2\/33\/1\/38.2-3309"},"11":{"id":"793244","structure_id":"2162","section_number":"38.2-3310","catch_line":"Table of values and options","url":"\/38.2-3310\/","token":"38.2\/33\/1\/38.2-3310"},"12":{"id":"770015","structure_id":"2162","section_number":"38.2-3311","catch_line":"Reinstatement","url":"\/38.2-3311\/","token":"38.2\/33\/1\/38.2-3311"},"13":{"id":"769063","structure_id":"2162","section_number":"38.2-3312","catch_line":"Settlement","url":"\/38.2-3312\/","token":"38.2\/33\/1\/38.2-3312"},"14":{"id":"770187","structure_id":"2162","section_number":"38.2-3313","catch_line":"Table of installments","url":"\/38.2-3313\/","token":"38.2\/33\/1\/38.2-3313"},"15":{"id":"768214","structure_id":"2162","section_number":"38.2-3314","catch_line":"Title","url":"\/38.2-3314\/","token":"38.2\/33\/1\/38.2-3314"},"16":{"id":"781787","structure_id":"2162","section_number":"38.2-3315","catch_line":"Variations for certain forms of policies; providing more favorable terms","url":"\/38.2-3315\/","token":"38.2\/33\/1\/38.2-3315"},"17":{"id":"790877","structure_id":"2162","section_number":"38.2-3316","catch_line":"Provisions prohibited","url":"\/38.2-3316\/","token":"38.2\/33\/1\/38.2-3316"},"18":{"id":"768009","structure_id":"2162","section_number":"38.2-3317","catch_line":"Provisions required by other jurisdictions","url":"\/38.2-3317\/","token":"38.2\/33\/1\/38.2-3317"}},"previous_section":{"id":"768214","structure_id":"2162","section_number":"38.2-3314","catch_line":"Title","url":"\/38.2-3314\/","token":"38.2\/33\/1\/38.2-3314"},"next_section":{"id":"790877","structure_id":"2162","section_number":"38.2-3316","catch_line":"Provisions prohibited","url":"\/38.2-3316\/","token":"38.2\/33\/1\/38.2-3316"},"references":[{"id":"784953","section_number":"38.2-3300","catch_line":"Requirements; exceptions","url":"\/38.2-3300\/"}],"formats":{"txt":"\/38.2-3315.txt","json":"\/38.2-3315.json","xml":"\/38.2-3315.xml"},"dublin_core":{"Title":"Variations for certain forms of policies; providing more favorable terms","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-3315","Relation":"Code of Virginia"},"plain_text":"                                 CODE OF VIRGINIA\n\nVARIATIONS FOR CERTAIN FORMS OF POLICIES; PROVIDING MORE FAVORABLE TERMS (\u00a7\n38.2-3315)\n\nA. Any of the requirements of \u00a7\u00a7 38.2-3300 through 38.2-3314 not applicable to\nsingle premium, nonparticipating, term, variable, or flexible premium life\ninsurance policies shall to that extent, as approved by the Commission, be\nappropriately modified or not be incorporated in these policies.\n\nB. Any individual life insurance policy that, in the opinion of the Commission,\ncontains provisions more favorable to the policyholder than those required by\n\u00a7\u00a7 38.2-3300 through 38.2-3314, may be delivered or issued for delivery in\nthis Commonwealth after approval by the Commission.\n\nHISTORY: Code 1950, \u00a7 38-372; 1952, c. 317, \u00a7 38.1-404; 1976, c. 562; 1986, c.\n562."}