There is a newer version of the Code of Virginia
2006 Code of Virginia § 38.2-3350 - Settlement
38.2-3350. Settlement.
Each industrial life insurance policy shall contain a provision that when adeath claim arises under the policy, settlement shall be made within twomonths after receipt of due proof of death.
(Code 1950, 38-434(9); 1952, c. 317, 38.1-418; 1986, c. 562.)
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