Virginia § 38.2-3306 Misstatement of age

Virginia Statutes

§ 38.2-3306 — Misstatement of age

Virginia § 38.2-3306

Title 38.2INSURANCE

Ch. 33LIFE INSURANCE POLICIES

Art. 1LIFE INSURANCE POLICIES; ANNUITIES

This text of Virginia § 38.2-3306 (Misstatement of age) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 38.2-3306 (2026).

Text

Each individual life insurance policy shall contain a provision that if, at any time before final settlement under the policy, the age of the insured, or the age of any other person if considered in determining the premium, is found to have been misstated, the amount payable under the policy shall equal the amount that the premium would have purchased at the insured's or other person's correct age at the time the policy was issued.

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Each individual life insurance policy shall contain a provision that if, at any time before final settlement under the policy, the age of the insured, or the age of any other person if considered in determining the premium, is found to have been misstated, the amount payable under the policy shall equal the amount that the premium would have purchased at the insured's or other person's correct age at the time the policy was issued.