{"data":{"id":"us-va/14vac5-70-60","jurisdiction":"us-va","citation":"14VAC5-70-60","heading":"Assignee/beneficiary","body":"Prior to the payment of the accelerated benefit, the insurer is required to obtain from any assignee or irrevocable beneficiary a signed acknowledgement of concurrence for payout. If the insurer making the accelerated benefit is itself the assignee under the policy, no such acknowledgement is required.","path":["Title 14. Insurance","Agency 5. State Corporation Commission, Bureau of Insurance","Chapter 70. Rules Governing Accelerated Benefits Provisions"],"source_url":"https://law.lis.virginia.gov/admincode/title14/agency5/chapter70/section60/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:51:49Z","sha256":"e2a4a82bfb790fdd5a00728f0c6a25675cddcdc48f2763493a4890856057e951","source_id":"us-va-vac","stale":false,"prev":"us-va/14vac5-70-50","next":"us-va/14vac5-70-70"},"notice":"GroundRules: Original legal text. Not legal advice."}