38.2-3403 - Fraudulent procurement of policy. - Virginia Statutes

§ 38.2-3403. Fraudulent procurement of policy.

A. No person shall knowingly secure, attempt to secure or cause to be securedan individual accident and sickness insurance policy on any person not in aninsurable condition by means of misrepresentations or false or fraudulentstatements.

B. An insurance agent who violates this section shall be subject to thepenalties under § 38.2-1831 in addition to the penalties of § 38.2-218.

(1966, c. 342, § 38.1-348.3; 1986, c. 562.)