{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-3315.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-3315.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-3315.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-3315.html"}],"law_id":59133,"edition_id":1,"section_id":59133,"structure_id":13165,"section_number":"38.2-3315","catch_line":"Variations for certain forms of policies; providing more favorable terms","history":"Code 1950, \u00a7 38-372; 1952, c. 317, \u00a7 38.1-404; 1976, c. 562; 1986, c. 562.","full_text":"A\n\nAny of the requirements of &#xA7;&#xA7; 38.2-3300 through 38.2-3314 not applicable to single premium, nonparticipating, term, variable, or flexible premium life insurance policies shall to that extent, as approved by the Commission, be appropriately modified or not be incorporated in these policies.B\n\nAny individual life insurance policy that, in the opinion of the Commission, contains provisions more favorable to the policyholder than those required by &#xA7;&#xA7; 38.2-3300 through 38.2-3314, may be delivered or issued for delivery in this Commonwealth after approval by the Commission.","order_by":null,"text":{"0":{"id":216825,"text":"Any of the requirements of &#xA7;&#xA7; 38.2-3300 through 38.2-3314 not applicable to single premium, nonparticipating, term, variable, or flexible premium life insurance policies shall to that extent, as approved by the Commission, be appropriately modified or not be incorporated in these policies.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":216826,"text":"Any individual life insurance policy that, in the opinion of the Commission, contains provisions more favorable to the policyholder than those required by &#xA7;&#xA7; 38.2-3300 through 38.2-3314, may be delivered or issued for delivery in this Commonwealth after approval by the Commission.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":13165,"edition_id":1,"name":"Life Insurance Policies; Annuities","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":13164,"metadata":{},"date_created":"2026-06-26 03:44:22","date_modified":"2026-06-26 03:44:22","permalink":{"id":214629,"object_type":"structure","relational_id":13165,"identifier":"1","token":"38.2\/33\/1","url":"\/38.2\/33\/1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13164,"edition_id":1,"name":"Life Insurance Policies","identifier":"33","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:44:22","date_modified":"2026-06-26 03:44:22","permalink":{"id":214627,"object_type":"structure","relational_id":13164,"identifier":"33","token":"38.2\/33","url":"\/38.2\/33\/","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":59653,"structure_id":13165,"section_number":"38.2-3300","catch_line":"Requirements; exceptions","url":"\/38.2-3300\/","token":"38.2\/33\/1\/38.2-3300","metadata":false},{"id":64455,"structure_id":13165,"section_number":"38.2-3301","catch_line":"Ten-day right to examine policy","url":"\/38.2-3301\/","token":"38.2\/33\/1\/38.2-3301","metadata":false},{"id":81258,"structure_id":13165,"section_number":"38.2-3301.1","catch_line":"Delivery of individual life insurance policies","url":"\/38.2-3301.1\/","token":"38.2\/33\/1\/38.2-3301.1","metadata":false},{"id":54757,"structure_id":13165,"section_number":"38.2-3302","catch_line":"How premiums payable","url":"\/38.2-3302\/","token":"38.2\/33\/1\/38.2-3302","metadata":false},{"id":86620,"structure_id":13165,"section_number":"38.2-3303","catch_line":"Grace period","url":"\/38.2-3303\/","token":"38.2\/33\/1\/38.2-3303","metadata":false},{"id":61710,"structure_id":13165,"section_number":"38.2-3304","catch_line":"Policy constitutes entire contract; statements deemed representations","url":"\/38.2-3304\/","token":"38.2\/33\/1\/38.2-3304","metadata":false},{"id":87271,"structure_id":13165,"section_number":"38.2-3305","catch_line":"Incontestability","url":"\/38.2-3305\/","token":"38.2\/33\/1\/38.2-3305","metadata":false},{"id":84405,"structure_id":13165,"section_number":"38.2-3306","catch_line":"Misstatement of age","url":"\/38.2-3306\/","token":"38.2\/33\/1\/38.2-3306","metadata":false},{"id":80762,"structure_id":13165,"section_number":"38.2-3307","catch_line":"Participation in surplus","url":"\/38.2-3307\/","token":"38.2\/33\/1\/38.2-3307","metadata":false},{"id":59870,"structure_id":13165,"section_number":"38.2-3308","catch_line":"Policy loans","url":"\/38.2-3308\/","token":"38.2\/33\/1\/38.2-3308","metadata":false},{"id":80287,"structure_id":13165,"section_number":"38.2-3309","catch_line":"Nonforfeiture benefits and cash surrender values","url":"\/38.2-3309\/","token":"38.2\/33\/1\/38.2-3309","metadata":false},{"id":54184,"structure_id":13165,"section_number":"38.2-3310","catch_line":"Table of values and options","url":"\/38.2-3310\/","token":"38.2\/33\/1\/38.2-3310","metadata":false},{"id":77049,"structure_id":13165,"section_number":"38.2-3311","catch_line":"Reinstatement","url":"\/38.2-3311\/","token":"38.2\/33\/1\/38.2-3311","metadata":false},{"id":78506,"structure_id":13165,"section_number":"38.2-3312","catch_line":"Settlement","url":"\/38.2-3312\/","token":"38.2\/33\/1\/38.2-3312","metadata":false},{"id":68892,"structure_id":13165,"section_number":"38.2-3313","catch_line":"Table of installments","url":"\/38.2-3313\/","token":"38.2\/33\/1\/38.2-3313","metadata":false},{"id":85372,"structure_id":13165,"section_number":"38.2-3314","catch_line":"Title","url":"\/38.2-3314\/","token":"38.2\/33\/1\/38.2-3314","metadata":false},{"id":59133,"structure_id":13165,"section_number":"38.2-3315","catch_line":"Variations for certain forms of policies; providing more favorable terms","url":"\/38.2-3315\/","token":"38.2\/33\/1\/38.2-3315","metadata":false},{"id":86454,"structure_id":13165,"section_number":"38.2-3316","catch_line":"Provisions prohibited","url":"\/38.2-3316\/","token":"38.2\/33\/1\/38.2-3316","metadata":false},{"id":66309,"structure_id":13165,"section_number":"38.2-3317","catch_line":"Provisions required by other jurisdictions","url":"\/38.2-3317\/","token":"38.2\/33\/1\/38.2-3317","metadata":false}],"previous_section":{"id":85372,"structure_id":13165,"section_number":"38.2-3314","catch_line":"Title","url":"\/38.2-3314\/","token":"38.2\/33\/1\/38.2-3314","metadata":false},"next_section":{"id":86454,"structure_id":13165,"section_number":"38.2-3316","catch_line":"Provisions prohibited","url":"\/38.2-3316\/","token":"38.2\/33\/1\/38.2-3316","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-3315\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 3 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 1952, chapter 317; in 1976, chapter 562; in 1986, chapter 562.<\/p>","references":[{"id":59653,"section_number":"38.2-3300","catch_line":"Requirements; exceptions","order_by":null,"url":"\/38.2-3300\/"}],"refers_to":[{"id":59653,"section_number":"38.2-3300","catch_line":"Requirements; exceptions","order_by":null,"url":"\/38.2-3300\/"},{"id":85372,"section_number":"38.2-3314","catch_line":"Title","order_by":null,"url":"\/38.2-3314\/"}],"permalink":{"id":214695,"object_type":"law","relational_id":59133,"identifier":"38.2-3315","token":"38.2\/33\/1\/38.2-3315","url":"\/38.2-3315\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-3315\/","token":"38.2\/33\/1\/38.2-3315","dublin_core":{"Title":"Variations for certain forms of policies; providing more favorable terms","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-3315","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> Any of the requirements of &#xA7;&#xA7; <a class=\"law\" title=\"Requirements; exceptions\" href=\"\/38.2-3300\/\">38.2-3300<\/a> through <a class=\"law\" title=\"Title\" href=\"\/38.2-3314\/\">38.2-3314<\/a> not applicable to single premium, nonparticipating, term, variable, or flexible premium life <span class=\"dictionary\">insurance policies<\/span> shall to that extent, as approved by the <span class=\"dictionary\">Commission<\/span>, be appropriately modified or not be incorporated in these policies. <a id=\"paragraph-216825\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/38.2-3315\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> Any individual life insurance policy that, in the <span class=\"dictionary\">opinion<\/span> of the <span class=\"dictionary\">Commission<\/span>, contains provisions more favorable to the policyholder than those required by &#xA7;&#xA7; <a class=\"law\" title=\"Requirements; exceptions\" href=\"\/38.2-3300\/\">38.2-3300<\/a> through <a class=\"law\" title=\"Title\" href=\"\/38.2-3314\/\">38.2-3314<\/a>, may be delivered or issued for delivery in this Commonwealth after approval by the <span class=\"dictionary\">Commission<\/span>. <a id=\"paragraph-216826\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/38.2-3315\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nVARIATIONS FOR CERTAIN FORMS OF POLICIES; PROVIDING MORE FAVORABLE TERMS (\u00a7\n38.2-3315)\n\nA. Any of the requirements of &#xA7;&#xA7; 38.2-3300 through 38.2-3314 not\napplicable to single premium, nonparticipating, term, variable, or flexible\npremium life insurance policies shall to that extent, as approved by the\nCommission, be appropriately modified or not be incorporated in these policies.\n\nB. Any individual life insurance policy that, in the opinion of the Commission,\ncontains provisions more favorable to the policyholder than those required by\n&#xA7;&#xA7; 38.2-3300 through 38.2-3314, may be delivered or issued for\ndelivery in this Commonwealth after approval by the Commission.\n\nHISTORY: Code 1950, \u00a7 38-372; 1952, c. 317, \u00a7 38.1-404; 1976, c. 562; 1986, c.\n562.","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}}