CODE OF VIRGINIA

FREE LOOK NOTICE REQUIRED (§ 38.2-3604)

Notwithstanding the provisions of § 38.2-3502, Medicare supplement policies
shall have printed on the policy a notice stating substantially: “RIGHT TO
RETURN POLICY WITHIN THIRTY DAYS.  If for any reason you are not satisfied with
your policy you may return this policy to the company within thirty days of the
date you received it and the premium paid will be promptly refunded.”A
policy returned pursuant to the notice shall be void upon the mailing or
delivery of the policy to the insurer.Nothing in this section shall prohibit an
insurer from extending the right to examine period to more than thirty days if
the period is specified in the policy.

HISTORY: 1980, c. 204, § 38.1-362.13; 1981, c. 575; 1986, c. 562; 1989, c. 151.