Code of Virginia § 38.2-3902. Classes of insurance that may be written by mutual assessment life, accident and sickness insurers.
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/va/title-38-2/chapter-39/38-2-3902A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The following classes of insurance can be written by mutual assessment life, accident and sickness insurers:
Category A
1. Life insurance as defined in § 38.2-102 ;
2. Industrial life insurance as defined in § 38.2-104 ; and
3. Accident and sickness insurance as defined in § 38.2-109 except Medicare supplement insurance as defined in § 38.2-3600 .
Category B
1. Credit life insurance as defined in § 38.2-103 ;
2. Variable life insurance as defined in § 38.2-105 ;
3. Credit accident and sickness insurance as defined in § 38.2-108 ; and
4. Medicare supplement insurance as defined in § 38.2-3600 .
Category C
1. Annuities as defined in § 38.2-106 ; and
2. Variable annuities as defined in § 38.2-107 .
1985, c. 400, § 38.1-549.3; 1986, c. 562.