CODE OF VIRGINIA

POLICY AND APPLICATION TO CONSTITUTE ENTIRE CONTRACT; STATEMENTS DEEMED
REPRESENTATIONS (§ 38.2-3344)

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; and

   2.  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.

HISTORY: Code 1950, § 38-434(2); 1952, c. 317, § 38.1-412; 1986, c. 562.