§ 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

Terms Used In Virginia Code > Title 38.2 > Chapter 39 > Article 3 - Policy Provisions and Benefits

  • Commission: means the State Corporation Commission. See Virginia Code 38.2-100
  • Contract: A legal written agreement that becomes binding when signed.
  • Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
  • Insurer: means an insurance company. See Virginia Code 38.2-100
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: means any commonwealth, state, territory, district or insular possession of the United States. See Virginia Code 38.2-100