                                 CODE OF VIRGINIA

CANCELLATION OF SICK BENEFIT PORTION OF POLICY (§ 38.2-3546)

Every policy of industrial sick benefit insurance issued in this Commonwealth
after June 18, 1922, shall contain a provision that:

1. The sick benefit portion of the policy may be cancelled by either the insurer
or the insured and the life portion continued by a payment of twenty percent of
the original premium;

2. If the cancellation is by the insurer, it shall be without prejudice to any
claim arising on account of disability commencing prior to the date on which the
cancellation takes effect; and

3. Written notice of the cancellation and payment for the unearned portion of
the premium shall be delivered to the insured or mailed to him at his last known
address.

HISTORY: Code 1950, § 38-359; 1952, c. 317, § 38.1-485; 1986, c. 562.