{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-5210.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-5210.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-5210.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-5210.html"}],"law_id":362838,"edition_id":2,"section_id":362838,"structure_id":51794,"section_number":"38.2-5210","catch_line":"Nonforfeiture benefit","history":"2000, c. 559.","full_text":"A long-term care insurance policy or certificate shall not be delivered or issued for delivery in this Commonwealth unless the policyholder or certificateholder has been offered the option of purchasing a policy including a nonforfeiture benefit, as provided in regulations promulgated by the Commission. The offer of a nonforfeiture benefit may be in the form of a rider that is attached to the policy or certificate. If the policyholder or certificateholder declines the nonforfeiture benefit, the insurer shall provide a contingent benefit upon lapse that shall be available for a specified period of time following a substantial increase in premium rates.\n\n","order_by":null,"text":{"0":{"id":1351433,"text":"A long-term care insurance policy or certificate shall not be delivered or issued for delivery in this Commonwealth unless the policyholder or certificateholder has been offered the option of purchasing a policy including a nonforfeiture benefit, as provided in regulations promulgated by the Commission. The offer of a nonforfeiture benefit may be in the form of a rider that is attached to the policy or certificate. If the policyholder or certificateholder declines the nonforfeiture benefit, the insurer shall provide a contingent benefit upon lapse that shall be available for a specified period of time following a substantial increase in premium rates.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":51794,"edition_id":2,"name":"Long-Term Care Insurance","identifier":"52","label":"chapter","depth":2,"order_by":54,"parent_id":51644,"metadata":{"child_laws":15,"child_structures":0},"date_created":"2026-08-02 02:48:58","date_modified":"2026-08-02 12:33:21","permalink":{"id":1444775,"object_type":"structure","relational_id":51794,"identifier":"52","token":"38.2\/52","url":"\/38.2\/52\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51644,"edition_id":2,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":88,"parent_id":null,"metadata":{"child_laws":1890,"child_structures":173},"date_created":"2026-08-02 02:45:30","date_modified":"2026-08-02 12:32:55","permalink":{"id":1437663,"object_type":"structure","relational_id":51644,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":362824,"structure_id":51794,"section_number":"38.2-5200","catch_line":"Definitions","url":"\/38.2-5200\/","token":"38.2\/52\/38.2-5200","metadata":false},{"id":362825,"structure_id":51794,"section_number":"38.2-5201","catch_line":"What laws applicable","url":"\/38.2-5201\/","token":"38.2\/52\/38.2-5201","metadata":{"court_decisions":""}},{"id":362827,"structure_id":51794,"section_number":"38.2-5202","catch_line":"Promulgation of regulations; standards for policy provisions","url":"\/38.2-5202\/","token":"38.2\/52\/38.2-5202","metadata":false},{"id":362826,"structure_id":51794,"section_number":"38.2-5202.1","catch_line":"Refund of premium for cancellation or termination of policy","url":"\/38.2-5202.1\/","token":"38.2\/52\/38.2-5202.1","metadata":false},{"id":362828,"structure_id":51794,"section_number":"38.2-5203","catch_line":"Prohibited provisions","url":"\/38.2-5203\/","token":"38.2\/52\/38.2-5203","metadata":false},{"id":362829,"structure_id":51794,"section_number":"38.2-5204","catch_line":"Preexisting conditions","url":"\/38.2-5204\/","token":"38.2\/52\/38.2-5204","metadata":false},{"id":362830,"structure_id":51794,"section_number":"38.2-5205","catch_line":"Prior institutionalization","url":"\/38.2-5205\/","token":"38.2\/52\/38.2-5205","metadata":false},{"id":362832,"structure_id":51794,"section_number":"38.2-5206","catch_line":"Rates","url":"\/38.2-5206\/","token":"38.2\/52\/38.2-5206","metadata":false},{"id":362831,"structure_id":51794,"section_number":"38.2-5206.1","catch_line":"Rate increases; notice requirements","url":"\/38.2-5206.1\/","token":"38.2\/52\/38.2-5206.1","metadata":false},{"id":362835,"structure_id":51794,"section_number":"38.2-5207","catch_line":"Disclosure","url":"\/38.2-5207\/","token":"38.2\/52\/38.2-5207","metadata":false},{"id":362833,"structure_id":51794,"section_number":"38.2-5207.1","catch_line":"Disclosure; life insurance policies","url":"\/38.2-5207.1\/","token":"38.2\/52\/38.2-5207.1","metadata":false},{"id":362834,"structure_id":51794,"section_number":"38.2-5207.2","catch_line":"Long-term care benefits; monthly report","url":"\/38.2-5207.2\/","token":"38.2\/52\/38.2-5207.2","metadata":false},{"id":362836,"structure_id":51794,"section_number":"38.2-5208","catch_line":"Right to return; free look provision","url":"\/38.2-5208\/","token":"38.2\/52\/38.2-5208","metadata":false},{"id":362837,"structure_id":51794,"section_number":"38.2-5209","catch_line":"Incontestability","url":"\/38.2-5209\/","token":"38.2\/52\/38.2-5209","metadata":false},{"id":362838,"structure_id":51794,"section_number":"38.2-5210","catch_line":"Nonforfeiture benefit","url":"\/38.2-5210\/","token":"38.2\/52\/38.2-5210","metadata":false}],"previous_section":{"id":362837,"structure_id":51794,"section_number":"38.2-5209","catch_line":"Incontestability","url":"\/38.2-5209\/","token":"38.2\/52\/38.2-5209","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-5210\/","history_text":"

This law was first created in 2000. The record of its establishment is cataloged in chapter 559<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":1444833,"object_type":"law","relational_id":362838,"identifier":"38.2-5210","token":"38.2\/52\/38.2-5210","url":"\/38.2-5210\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-5210\/","token":"38.2\/52\/38.2-5210","dublin_core":{"Title":"Nonforfeiture benefit","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-5210","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A long-term care insurance<\/span> policy<\/span> or certificate<\/span> shall not be delivered or issued for delivery in this Commonwealth unless the policyholder or certificateholder has been offered the option of purchasing a policy<\/span> including a nonforfeiture benefit, as provided in regulations promulgated by the Commission<\/span>. The offer of a nonforfeiture benefit may be in the form of a rider that is attached to the policy<\/span> or certificate<\/span>. If the policyholder or certificateholder declines the nonforfeiture benefit, the insurer<\/span> shall provide a contingent benefit upon lapse that shall be available for a specified period of time following a substantial increase in premium rates<\/span><\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nNONFORFEITURE BENEFIT (\u00a7 38.2-5210)\n\nA long-term care insurance policy or certificate shall not be delivered or\nissued for delivery in this Commonwealth unless the policyholder or\ncertificateholder has been offered the option of purchasing a policy including a\nnonforfeiture benefit, as provided in regulations promulgated by the Commission.\nThe offer of a nonforfeiture benefit may be in the form of a rider that is\nattached to the policy or certificate. If the policyholder or certificateholder\ndeclines the nonforfeiture benefit, the insurer shall provide a contingent\nbenefit upon lapse that shall be available for a specified period of time\nfollowing a substantial increase in premium rates.\n\nHISTORY: 2000, c. 559.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}