{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-102.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-102.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-102.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-102.html"}],"law_id":57209,"edition_id":1,"section_id":57209,"structure_id":13746,"section_number":"38.2-102","catch_line":"Life","history":"1952, c. 317, \u00a7 38.1-3; 1976, c. 562; 1986, c. 562; 1992, c. 210; 2000, c. 173; 2011, c. 186; 2012, c. 673.","full_text":"A\n\n“Life insurance” means insurance upon the lives of human beings. “Life insurance” includes policies that also provide (i) endowment benefits; (ii) additional benefits incidental to a loss in the event of death, dismemberment, or loss by accident or accidental means; (iii) additional benefits to safeguard the contract from lapse or to provide a special surrender value, a special benefit or an annuity, in the event of total and permanent disability of the insured; and (iv) optional modes of settlement of proceeds. As used in this title, unless the context requires otherwise, “life insurance” shall be deemed to include “credit life insurance,” “industrial life insurance,” “variable life insurance” and “modified guaranteed life insurance.”B\n\n“Life insurance” also includes additional benefits to provide for educational loans, subject to the provisions of § 38.2-3113.3.C\n\n“Life insurance” also includes additional benefits providing specified disease coverage or limited benefit health coverage, subject to compliance with the minimum standards established by the Commission for such benefits pursuant to § 38.2-3519. Such additional benefits may be combined in an individual policy, or added as a rider to the policy, provided that the insurer offering such additional benefits is licensed to transact the business of accident and sickness insurance and complies with the rate and form filing requirements of the Commission’s rules governing the filing of rates for individual and certain group accident and sickness insurance policy forms (14VAC5-130-10 et seq.), as amended.","order_by":null,"text":{"0":{"id":209570,"text":"“Life insurance” means insurance upon the lives of human beings. “Life insurance” includes policies that also provide (i) endowment benefits; (ii) additional benefits incidental to a loss in the event of death, dismemberment, or loss by accident or accidental means; (iii) additional benefits to safeguard the contract from lapse or to provide a special surrender value, a special benefit or an annuity, in the event of total and permanent disability of the insured; and (iv) optional modes of settlement of proceeds. As used in this title, unless the context requires otherwise, “life insurance” shall be deemed to include “credit life insurance,” “industrial life insurance,” “variable life insurance” and “modified guaranteed life insurance.”","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":209571,"text":"“Life insurance” also includes additional benefits to provide for educational loans, subject to the provisions of § 38.2-3113.3.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":209572,"text":"“Life insurance” also includes additional benefits providing specified disease coverage or limited benefit health coverage, subject to compliance with the minimum standards established by the Commission for such benefits pursuant to § 38.2-3519. Such additional benefits may be combined in an individual policy, or added as a rider to the policy, provided that the insurer offering such additional benefits is licensed to transact the business of accident and sickness insurance and complies with the rate and form filing requirements of the Commission’s rules governing the filing of rates for individual and certain group accident and sickness insurance policy forms (14VAC5-130-10 et seq.), as amended.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":13746,"edition_id":1,"name":"Insurance Classified and Defined","identifier":"2","label":"article","depth":3,"order_by":1,"parent_id":13745,"metadata":{},"date_created":"2026-06-26 03:45:45","date_modified":"2026-06-26 03:45:45","permalink":{"id":210675,"object_type":"structure","relational_id":13746,"identifier":"2","token":"38.2\/1\/2","url":"\/38.2\/1\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13745,"edition_id":1,"name":"General Provisions","identifier":"1","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:45:45","date_modified":"2026-06-26 03:45:45","permalink":{"id":210663,"object_type":"structure","relational_id":13745,"identifier":"1","token":"38.2\/1","url":"\/38.2\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12698,"edition_id":1,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":210661,"object_type":"structure","relational_id":12698,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":72897,"structure_id":13746,"section_number":"38.2-101","catch_line":"Classification of insurance","url":"\/38.2-101\/","token":"38.2\/1\/2\/38.2-101","metadata":false},{"id":57209,"structure_id":13746,"section_number":"38.2-102","catch_line":"Life","url":"\/38.2-102\/","token":"38.2\/1\/2\/38.2-102","metadata":false},{"id":76182,"structure_id":13746,"section_number":"38.2-103","catch_line":"Credit life","url":"\/38.2-103\/","token":"38.2\/1\/2\/38.2-103","metadata":false},{"id":67449,"structure_id":13746,"section_number":"38.2-104","catch_line":"Industrial life","url":"\/38.2-104\/","token":"38.2\/1\/2\/38.2-104","metadata":false},{"id":57228,"structure_id":13746,"section_number":"38.2-105","catch_line":"Variable 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casualty","url":"\/38.2-111\/","token":"38.2\/1\/2\/38.2-111","metadata":false},{"id":78163,"structure_id":13746,"section_number":"38.2-112","catch_line":"Water damage","url":"\/38.2-112\/","token":"38.2\/1\/2\/38.2-112","metadata":false},{"id":73509,"structure_id":13746,"section_number":"38.2-113","catch_line":"Burglary and theft","url":"\/38.2-113\/","token":"38.2\/1\/2\/38.2-113","metadata":false},{"id":58243,"structure_id":13746,"section_number":"38.2-114","catch_line":"Glass insurance","url":"\/38.2-114\/","token":"38.2\/1\/2\/38.2-114","metadata":false},{"id":73597,"structure_id":13746,"section_number":"38.2-115","catch_line":"Boiler and machinery","url":"\/38.2-115\/","token":"38.2\/1\/2\/38.2-115","metadata":false},{"id":65377,"structure_id":13746,"section_number":"38.2-116","catch_line":"Animal","url":"\/38.2-116\/","token":"38.2\/1\/2\/38.2-116","metadata":false},{"id":83683,"structure_id":13746,"section_number":"38.2-117","catch_line":"Personal injury 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insurance","url":"\/38.2-132\/","token":"38.2\/1\/2\/38.2-132","metadata":false},{"id":85493,"structure_id":13746,"section_number":"38.2-133","catch_line":"Contingent and consequential losses","url":"\/38.2-133\/","token":"38.2\/1\/2\/38.2-133","metadata":false},{"id":74943,"structure_id":13746,"section_number":"38.2-134","catch_line":"Definitions to include other insurance of same general kind","url":"\/38.2-134\/","token":"38.2\/1\/2\/38.2-134","metadata":false}],"previous_section":{"id":72897,"structure_id":13746,"section_number":"38.2-101","catch_line":"Classification of insurance","url":"\/38.2-101\/","token":"38.2\/1\/2\/38.2-101","metadata":false},"next_section":{"id":76182,"structure_id":13746,"section_number":"38.2-103","catch_line":"Credit life","url":"\/38.2-103\/","token":"38.2\/1\/2\/38.2-103","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-102\/","history_text":"

This law was first created in 1952. The record of its establishment is cataloged in chapter 317 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1952 \u201cActs\u201d aren\u2019t available online. It has been modified 6 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1976, chapter 562; in 1986, chapter 562; in 1992, chapter 210; in 2000, chapter 173<\/a>; in 2011, chapter 186<\/a>; in 2012, chapter 673<\/a>.<\/p>","references":[{"id":87220,"section_number":"38.2-106","catch_line":"Annuities","order_by":null,"url":"\/38.2-106\/"},{"id":60734,"section_number":"38.2-1311","catch_line":"Valuation reserves","order_by":null,"url":"\/38.2-1311\/"},{"id":57145,"section_number":"38.2-1401","catch_line":"Definitions","order_by":null,"url":"\/38.2-1401\/"},{"id":67482,"section_number":"38.2-1800","catch_line":"Definitions","order_by":null,"url":"\/38.2-1800\/"},{"id":58116,"section_number":"38.2-1837","catch_line":"Definitions","order_by":null,"url":"\/38.2-1837\/"},{"id":74191,"section_number":"38.2-1902","catch_line":"Scope of chapter","order_by":null,"url":"\/38.2-1902\/"},{"id":82223,"section_number":"38.2-232","catch_line":"Notice of lapse or pending lapse of certain life and accident and sickness insurance policies","order_by":null,"url":"\/38.2-232\/"},{"id":79264,"section_number":"38.2-3100","catch_line":"Scope of chapter","order_by":null,"url":"\/38.2-3100\/"},{"id":86306,"section_number":"38.2-3116","catch_line":"Commission to establish standards for simplified and readable life insurance and annuity policies","order_by":null,"url":"\/38.2-3116\/"},{"id":55183,"section_number":"38.2-3902","catch_line":"Classes of insurance that may be written by mutual assessment life, accident and sickness insurers","order_by":null,"url":"\/38.2-3902\/"},{"id":56221,"section_number":"58.1-2500","catch_line":"Definitions","order_by":null,"url":"\/58.1-2500\/"},{"id":68558,"section_number":"58.1-2501","catch_line":"Levy of license tax","order_by":null,"url":"\/58.1-2501\/"}],"refers_to":[{"id":65959,"section_number":"38.2-3519","catch_line":"Minimum standards for excepted benefits","order_by":null,"url":"\/38.2-3519\/"}],"permalink":{"id":210681,"object_type":"law","relational_id":57209,"identifier":"38.2-102","token":"38.2\/1\/2\/38.2-102","url":"\/38.2-102\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-102\/","token":"38.2\/1\/2\/38.2-102","dublin_core":{"Title":"Life","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-102","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> “Life insurance” means insurance upon the lives of human beings. “Life insurance” includes policies that also provide (i) endowment benefits; (ii) additional benefits incidental to a loss in the event of death, dismemberment, or loss by accident or accidental means; (iii) additional benefits to safeguard the contract<\/span> from lapse or to provide a special surrender value, a special benefit or an annuity, in the event of total and permanent disability of the insured; and (iv) optional modes of settlement<\/span> of proceeds. As used in this title, unless the context requires otherwise, “life insurance” shall be deemed to include “credit life insurance,” “industrial life insurance,” “variable life insurance<\/span>” and “modified guaranteed life insurance.” <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> “Life insurance” also includes additional benefits to provide for educational loans, subject to the provisions of § 38.2-3113.3<\/a>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> “Life insurance” also includes additional benefits providing specified disease coverage or limited benefit health coverage, subject to compliance with the minimum standards established by the Commission<\/span> for such benefits pursuant to § 38.2-3519<\/a>. Such additional benefits may be combined in an individual policy, or added as a rider to the policy, provided that the insurer<\/span> offering such additional benefits is licensed to transact the business of accident and sickness insurance and complies with the rate<\/span> and form filing requirements of the Commission<\/span>’s rules governing the filing of rates<\/span><\/span> for individual and certain group accident and sickness insurance policy forms (14VAC5-130-10 et seq.), as amended. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nLIFE (\u00a7 38.2-102)\n\nA. “Life insurance” means insurance upon the lives of human beings.\n“Life insurance” includes policies that also provide (i) endowment\nbenefits; (ii) additional benefits incidental to a loss in the event of death,\ndismemberment, or loss by accident or accidental means; (iii) additional\nbenefits to safeguard the contract from lapse or to provide a special surrender\nvalue, a special benefit or an annuity, in the event of total and permanent\ndisability of the insured; and (iv) optional modes of settlement of proceeds. As\nused in this title, unless the context requires otherwise, “life\ninsurance” shall be deemed to include “credit life insurance,”\n“industrial life insurance,” “variable life insurance”\nand “modified guaranteed life insurance.”\n\nB. “Life insurance” also includes additional benefits to provide for\neducational loans, subject to the provisions of § 38.2-3113.3.\n\nC. “Life insurance” also includes additional benefits providing\nspecified disease coverage or limited benefit health coverage, subject to\ncompliance with the minimum standards established by the Commission for such\nbenefits pursuant to § 38.2-3519. Such additional benefits may be combined\nin an individual policy, or added as a rider to the policy, provided that the\ninsurer offering such additional benefits is licensed to transact the business\nof accident and sickness insurance and complies with the rate and form filing\nrequirements of the Commission’s rules governing the filing of rates for\nindividual and certain group accident and sickness insurance policy forms\n(14VAC5-130-10 et seq.), as amended.\n\nHISTORY: 1952, c. 317, \u00a7 38.1-3; 1976, c. 562; 1986, c. 562; 1992, c. 210;\n2000, c. 173; 2011, c. 186; 2012, c. 673.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}