PocketLaw | Code Of Virginia | Standard Nonforfeiture Provisions for

Standard Nonforfeiture Provisions for Life Insurance

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Section
38.2-3200

Nonforfeiture benefits and cash surrender values in life policies issued prior to operative date stated in § 38.2-3214

Section
38.2-3201

Same; for industrial life policies

Section
38.2-3202

Standard nonforfeiture law; required policy provisions

Section
38.2-3203

Same; cash surrender value in case of default

Section
38.2-3204

Same; present value of paid-up nonforfeiture benefits on default

Section
38.2-3205

Same; calculation of adjusted premiums

Section
38.2-3206

Same; tables used for calculations

Section
38.2-3207

Same; use of new mortality table; ordinary policies

Section
38.2-3208

Same; industrial policies

Section
38.2-3209

Same; adjusted premiums for policies

Section
38.2-3210

Same; life insurance providing future premium determination

Section
38.2-3211

Same; other factors in calculations

Section
38.2-3212

Same; policies issued on or after January 1, 1986

Section
38.2-3213

Same; exemptions from application of certain sections

Section
38.2-3214

Same; operative date

Section
38.2-3215

Same; operative date for § 38.2-3207

Section
38.2-3216

Same; operative date for § 38.2-3208

Section
38.2-3217

Loan provisions in policies issued prior to operative date stated in § 38.2-3214

Section
38.2-3218

Same; in policies subsequently issued

Section
38.2-3219

Applicability

Section
38.2-3220

Nonforfeiture requirements

Section
38.2-3221

Minimum values

Section
38.2-3222

Computation of present value

Section
38.2-3223

Calculation of cash surrender values

Section
38.2-3224

Calculation of paid-up annuity benefits

Section
38.2-3225

Maturity date

Section
38.2-3226

Disclosure of limited death benefits

Section
38.2-3227

Inclusion of lapse of time considerations

Section
38.2-3228

Proration of values; additional benefits

Section
38.2-3229

Effective date