14VAC5-70-30: Applicability and scope

Except as otherwise specifically provided, this chapter shall apply to accelerated benefit provisions in individual and group life insurance policies or riders to such policies delivered or issued for delivery in this Commonwealth, on or after July 1, 2002, by insurers, fraternal benefit societies, cooperative nonprofit life benefit companies or mutual assessment life, accident and sickness insurers, and to renewals or reissues of group life insurance policies or riders occurring on or after July 1, 2002.