                                 CODE OF VIRGINIA

CREDIT INVOLUNTARY UNEMPLOYMENT INSURANCE (§ 38.2-122.1)

&#8220;Credit involuntary unemployment insurance&#8221; means insurance on a
debtor in connection with a specified loan or other credit transaction to
provide payment to a creditor for the installment payments or other periodic
payments becoming due (i) while the debtor is involuntarily unemployed, or (ii)
while the debtor is on an unpaid leave of absence during which employment does
not terminate. Such term shall not mean any insurance defined in §§ 38.2-108,
38.2-109 or § 38.2-122.

HISTORY: 1993, c. 774; 2000, c. 526.