Code of Virginia § 38.2-3340. Definition of industrial life insurance.
52 words·~1 min read·
/va/title-38-2/chapter-33/38-2-3340A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
"Industrial life insurance" means life insurance provided by an individual insurance contract
(i)under which premiums are payable monthly or more frequently, and
(ii)with the words "industrial policy" printed upon the policy as a part of the descriptive matter.
Code 1950, § 38-433; 1952, c. 317, § 38.1-482; 1986, c. 562.