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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Virginia Code Title 38.2. Insurance § 38.2-3604. Free look notice required - last updated January 01, 2025 | https://codes.findlaw.com/va/title-38-2-insurance/va-code-sect-38-2-3604/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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