Va. Code § 38.2-3340: Definition of industrial life insurance
Where this section sits in the code
- Title 38.2. INSURANCE
- Chapter 33. LIFE INSURANCE POLICIES
- Article 3. INDUSTRIAL LIFE INSURANCE POLICIES
"Industrial life insurance" means life insurance provided by an individual insurance contract (i) under which premiums are payable monthly or more frequently, and (ii) with the words "industrial policy" printed upon the policy as a part of the descriptive matter.Code 1950, § 38-433; 1952, c. 317, § 38.1-482; 1986, c. 562.
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