§ 38.2-3902 — Classes of insurance that may be written by mutual assessment life, accident and sickness insurers

Virginia § 38.2-3902

• Jurisdiction: Virginia
• Title 38.2: INSURANCE
• Ch. 39: MUTUAL ASSESSMENT LIFE, ACCIDENT AND SICKNESS INSURERS
• Art. 1: General Provisions

Text

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.

Legislative History

1985, c. 400, § 38.1-549.3; 1986, c. 562.