Code of Virginia (Last Updated:July 28, 2020) |
TITLE 38.2. Insurance |
CHAPTER 35. Accident and Sickness Insurance Policies |
ARTICLE 3. Group Accident and Sickness Insurance Policies |
SECTION 38.2-3533. Individual certificates |
A. Each group accident and sickness insurance policy shall contain a provision that the insurer will issue to the policyholder for delivery to each person insured a certificate setting forth: 1. The insured person's insurance protection, including any limitations, reductions, and exclusions applicable to the coverage provided; 2. To whom the insurance benefits are payable; 3. Any family member's or dependent's coverage; and 4. The rights and conditions set forth in § 38.2-3541 . B. Each group policy issued pursuant to § 38.2-3541 B, where any part of the premium is paid by debtors from identifiable charges collected from the insured debtors not required of an uninsured debtor, shall contain a provision that the insurer will furnish to the policyholder for each debtor insured under the policy a form that will contain a statement describing the debtor's coverage and that the benefits payable shall be applied to reduce or extinguish the indebtedness. 1986, c. 562; 1998, c. 38.2-3541 . |