Virginia § 38.2-3537 Time of payment of claims

Virginia Statutes

§ 38.2-3537 — Time of payment of claims

Virginia § 38.2-3537

Title 38.2INSURANCE

Ch. 35ACCIDENT AND SICKNESS INSURANCE POLICIES

Art. 3GROUP ACCIDENT AND SICKNESS INSURANCE POLICIES

This text of Virginia § 38.2-3537 (Time of payment of claims) 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. § 38.2-3537 (2026).

Text

Each group accident and sickness insurance policy shall contain a provision that all benefits payable under the policy other than benefits for loss of time shall be payable within sixty days after receipt of proof of loss. The provision shall also state that, subject to proof of loss, all accrued benefits payable under the policy for loss of time shall be paid at least monthly during the continuance of the period for which the insurer is liable, and that any balance remaining unpaid at the termination of such period will be paid as soon as possible.

Free access — add to your briefcase to read the full text and ask questions with AI

Each group accident and sickness insurance policy shall contain a provision that all benefits payable under the policy other than benefits for loss of time shall be payable within sixty days after receipt of proof of loss. The provision shall also state that, subject to proof of loss, all accrued benefits payable under the policy for loss of time shall be paid at least monthly during the continuance of the period for which the insurer is liable, and that any balance remaining unpaid at the termination of such period will be paid as soon as possible.