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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>66370</law_id><section_number>38.2-5207.2</section_number><catch_line>Long-term care benefits; monthly report</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="52">Long-Term Care Insurance</unit></structure><text>
						<section><p>Whenever long-term care benefits being paid are funded through a life <span class="dictionary">insurance</span> <span class="dictionary">policy</span> by acceleration of the death benefit, a monthly report shall be provided to the policyholder. Such report shall include:</p></section>
						<section id="1"><p><span class="prefix-number">1.</span> Any long-term care benefits paid out during the month; <a id="paragraph-240941" class="section-permalink" href="https://vacode.org/38.2-5207.2/#1"><i class="fa fa-link"/></a></p></section>
						<section id="2"><p><span class="prefix-number">2.</span> An explanation of any changes in the <span class="dictionary">policy</span>, e.g., death benefits or cash values, due to long-term care benefits being paid out; and <a id="paragraph-240942" class="section-permalink" href="https://vacode.org/38.2-5207.2/#2"><i class="fa fa-link"/></a></p></section>
						<section id="3"><p><span class="prefix-number">3.</span> The amount of long-term care benefits existing or remaining. <a id="paragraph-240943" class="section-permalink" href="https://vacode.org/38.2-5207.2/#3"><i class="fa fa-link"/></a></p></section></text><history>1990, c. 285.</history><metadata></metadata></law>
