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.
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.
