Va. Code § 38.2-4116: Benefits

A. A society may apply to the Commission to provide the following contractual benefits in any form:1. Death benefits;2. Endowment benefits;3. Annuity benefits;4. Temporary or permanent disability benefits;5. Hospital, medical or nursing benefits;6. Monument or tombstone benefits to the memory of deceased members; and7. Such other benefits as authorized for life insurers and which are not inconsistent with this chapter.B. A society shall specify in its rules those persons who may be issued, or covered by, the contractual benefits in subsection A, consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.Code 1950, §§ 38-283, 38.1-599; 1952, c. 317, § 38.1-638.31; 1968, c. 654; 1972, c. 530; 1975, c. 262; 1986, c. 562.