                                 CODE OF VIRGINIA

STANDARDS FOR POLICY PROVISIONS (§ 38.2-3518)

A. Pursuant to the authority granted in &#xA7; 38.2-223, the Commission may
issue rules and regulations to establish standards for the sale of individual
and group accident and sickness insurance policies. These rules and regulations
shall be in addition to and in accordance with applicable laws of the
Commonwealth, including Chapter 34 (&#xA7; 38.2-3400 et seq.), Article 1 (&#xA7;
38.2-3500 et seq.), this article, and Article 3 (&#xA7; 38.2-3521.1 et seq.).

B. Pursuant to the authority granted in &#xA7; 38.2-223, the Commission may
issue rules and regulations that specify prohibited policies or policy
provisions not otherwise specifically authorized by statute that in the opinion
of the Commission are unjust, unfair, or unfairly discriminatory to the
policyowner, beneficiary, or any person insured under the policy.

HISTORY: 1980, c. 204, § 38.1-362.13; 1981, c. 575; 1986, c. 562; 2022, c. 531.