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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>77526</law_id><section_number>38.2-3337</section_number><catch_line>Assignment</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="38.2">Insurance</unit><unit label="chapter" level="2" order_by="1" identifier="33">Life Insurance Policies</unit><unit label="article" level="3" order_by="1" identifier="2">Group Life Insurance Policies</unit></structure><text>
						<section><p>With mutual agreement among the insured, the policyholder, and the <span class="dictionary">insurer</span>, any <span class="dictionary">person</span> insured under a group life <span class="dictionary">insurance</span> policy may make an irrevocable assignment of the rights and benefits conferred on him by any provision of the policy or by this article. The assignment may be made to any <span class="dictionary">person</span> other than the insured&#x2019;s employer.</p></section></text><history>Code 1950, &#xA7;&#xA7; 38-429, 38-431; 1952, c. 317, &#xA7; 38.1-424; 1960, c. 273; 1968, c. 282; 1970, c. 145; 1986, c. 562.</history><metadata></metadata></law>
