77191938.2-3914Virginia Decodedhttps://vacode.org2016InsuranceMutual Assessment Life, Accident And Sickness InsurersPolicy Provisions And BenefitsPolicy to specify amount of payment and when to be paid1985, c. 400, § 38.1-549.15; 1986, c. 562.http://law.lis.virginia.gov/vacode/38.2-3914//38.2-3914/38.2/39/3/38.2-3914

Each policy shall specify the sum of money payable upon the occurrence of the insured risk. Each policy shall also state that payment shall be made within thirty days after showing proof of the occurrence of the insured risk.section

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