There is a newer version of the Code of Virginia
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2014 Virginia Code
Title 38.2 - Insurance
§ 38.2-105.1. Modified guaranteed life insurance


VA Code § 38.2-105.1 (2014) What's This?

"Modified guaranteed life insurance" means any policy or contract of life insurance in which the benefits are guaranteed if held for specified periods and nonforfeiture values are based upon a market-value adjustment formula if held for shorter periods. The formula may or may not reflect the investment experience of any separate account which may be maintained by the insurer for the policy or contract as provided for in ยง 38.2-3113.1.

1992, c. 210 .

Disclaimer: These codes may not be the most recent version. Virginia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.