38.2-3338 - Provisions prohibited. - Virginia Statutes

§ 38.2-3338. Provisions prohibited.

No group life insurance policy shall be delivered or issued for delivery inthis Commonwealth if it contains any provision:

1. Limiting the time within which any action at law or in equity may becommenced to less than one year after the cause of action accrues; or

2. To the effect that the agent soliciting the insurance is the agent of theperson insured under the policy, or making the acts or representations of theagent binding upon the person insured under the policy.

(Code 1950, § 38-386; 1952, c. 317, § 38.1-406; 1956, c. 417; 1986, c. 562.)