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Current as of January 01, 2025 | Updated by Findlaw Staff
The following classes of insurance can be written by mutual assessment life, accident and sickness insurers:
Category A
1. Life insurance as defined in § 38.2-102;
2. Industrial life insurance as defined in § 38.2-104; and
3. Accident and sickness insurance as defined in § 38.2-109 except Medicare supplement insurance as defined in § 38.2-3600.
Category B
1. Credit life insurance as defined in § 38.2-103;
2. Variable life insurance as defined in § 38.2-105;
3. Credit accident and sickness insurance as defined in § 38.2-108; and
4. Medicare supplement insurance as defined in § 38.2-3600.
Category C
1. Annuities as defined in § 38.2-106; and
2. Variable annuities as defined in § 38.2-107.
Cite this article: FindLaw.com - Virginia Code Title 38.2. Insurance § 38.2-3902. Classes of insurance that may be written by mutual assessment life, accident and sickness insurers - last updated January 01, 2025 | https://codes.findlaw.com/va/title-38-2-insurance/va-code-sect-38-2-3902/
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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