Code of Virginia § 38.2-3603. Same; minimum return for individual policies.
43 words·~1 min read·
/va/title-38-2/chapter-36/38-2-3603A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Medicare supplement policies sold on an individual basis shall be expected to return to policyowners in the form of aggregate benefits at least sixty-five percent of the aggregate amount of premiums collected.
1981, c. 575, § 38.1-362.8:3; 1986, c. 562; 1991, c. 120.