                                 CODE OF VIRGINIA

PROVISIONS TO WHICH EVERY POLICY SHALL BE SUBJECT BUT NEED NOT CONTAIN (§
46.2-479)

Every policy shall be subject to the following provisions which need not be
contained therein:

1. The liability of any insurance carrier to the insured under a policy becomes
absolute when loss or damage covered by the policy occurs and the satisfaction
by the insured of a judgment for the loss or damage shall not be a condition
precedent to the right or duty of the carrier to make payment on account of the
loss or damage;

2. No policy shall be cancelled or annulled, as respects any loss or damage, by
any agreement between the carrier and the insured after the insured has become
responsible for the loss or damage and any attempted cancellation or annulment
shall be void;

3. If the death of the insured occurs after the insured has become liable,
during the policy period, for loss or damage covered by the policy, the policy
shall not be terminated by the death with respect to the liability and the
insurance carrier shall be liable hereunder as though death had not occurred;

4. On the recovery of a judgment against any person for loss or damage, if the
person or the decedent he represents was at the accrual of the cause of action
insured against the liability under the policy, the judgment creditor shall be
entitled to have the insurance money applied to the satisfaction of the
judgment;

5. If the death, insolvency, or bankruptcy of the insured occurs within the
policy period, the policy during the unexpired portion of the period shall cover
the legal representatives of the insured; and

6. No statement made by the insured or on his behalf and no violation of the
terms of the policy shall operate to defeat or avoid the policy so as to bar
recovery within the limits provided in this chapter.

HISTORY: Code 1950, § 46-498; 1958, c. 541, § 46.1-511; 1989, c. 727.