Virginia Code 38.2-3814: Contracts in writing; fees.
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All contracts of any company for insurance or other benefits shall be in writing. No company or any of its officers or agents shall include in the sum charged a member, any fee, compensation, or other charge. However, a local medical examiner’s fee and a policy fee on accident and sickness contracts may be charged.
Terms Used In Virginia Code 38.2-3814
- company: means a cooperative nonprofit life benefit company as defined in subsection A of this section. See Virginia Code 38.2-3801
- in writing: include any representation of words, letters, symbols, numbers, or figures, whether (i) printed or inscribed on a tangible medium or (ii) stored in an electronic or other medium and retrievable in a perceivable form and whether an electronic signature authorized by Virginia Code 1-257
Code 1950, § 38-484; 1952, c. 317, § 38.1-514; 1986, c. 562.