Code of Virginia (Last Updated:July 28, 2020) |
TITLE 38.2. Insurance |
CHAPTER 39. Mutual Assessment Life, Accident and Sickness Insurers |
ARTICLE 1. General Provisions |
SECTION 38.2-3902. Classes of insurance that may be written by mutual assessment life, accident and sickness insurers |
SECTION 38.2-3902. Classes of insurance that may be written by mutual assessment life, accident and sickness insurers
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 § 38.2-102 ; and 3. Accident and sickness insurance as defined in § 38.2-102 except Medicare supplement insurance as defined in § 38.2-102 . Category B 1. Credit life insurance as defined in § 38.2-102 ; 2. Variable life insurance as defined in § 38.2-102 ; 3. Credit accident and sickness insurance as defined in § 38.2-102 ; and 4. Medicare supplement insurance as defined in § 38.2-102 . Category C 1. Annuities as defined in § 38.2-102 ; and 2. Variable annuities as defined in § 38.2-102 . 1985, c. 400, § 38.1-549.3; 1986, c. 562. |