Chapter 39. Mutual Assessment Life, Accident and Sickness InsurersRead Chapter
- Article 1. General ProvisionsRead all
- § 38.2-3900
- Scope of chapter
- § 38.2-3901
- Definitions
- § 38.2-3902
- Classes of insurance that may be written by mutual assessment life, accident and sickness insurers
- § 38.2-3903
- What laws applicable
- § 38.2-3904
- Conversion of mutual assessment life, accident and sickness insurers
- Article 2. Organization and Licensing of CompaniesRead all
- § 38.2-3905
- Incorporation of companies
- § 38.2-3906
- Licensing of additional companies prohibited
- § 38.2-3907
- Directors; terms; annual meetings; voting; executive committee
- § 38.2-3908
- Officers
- § 38.2-3909
- Inspection of books and papers
- Article 3. Policy Provisions and BenefitsRead all
- § 38.2-3910
- Policy forms to be filed
- § 38.2-3911
- Time limit on certain defenses
- § 38.2-3912
- Incontestability of policies
- § 38.2-3913
- Required grace periods
- § 38.2-3914
- Policy to specify amount of payment and when to be paid
- Article 4. Insurance TransactionsRead all
- § 38.2-3915
- Assessment contract
- § 38.2-3916
- Classification of risks; rates
- § 38.2-3917
- Right to limit assessment liability; when contingent assessment liability waived
- § 38.2-3918
- Notice of assessment; how given
- § 38.2-3919
- Agents' licenses required
- Article 5. Financial ProvisionsRead all
- § 38.2-3920
- Surplus to policyowners
- § 38.2-3921
- Limitation on single risk to be assumed
- § 38.2-3922
- Reinsurance
- § 38.2-3923
- Reserves required