Code of Virginia § 38.2-3226. Disclosure of limited death benefits.
55 words·~1 min read·
/va/title-38-2/chapter-32/38-2-3226A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any contract that does not provide cash surrender benefits or does not provide death benefits at least equal to the minimum nonforfeiture amount before the beginning of any annuity payments shall include a statement in a prominent place in the contract that those benefits are not provided.
1979, c. 437, § 38.1-470.1; 1986, c. 562.