Virginia Decodedhttps://vacode.org7861938.2-3226Disclosure of limited death benefits2025InsuranceStandard Nonforfeiture Provisions for Life Insurance

Any contract that does not provide cash surrender benefits or does not provide death benefits at least equal to the minimum nonforfeiture amount before the beginning of any annuity payments shall include a statement in a prominent place in the contract that those benefits are not provided.

1979, c. 437, § 38.1-470.1; 1986, c. 562.