§38.2-3603. Same; minimum return for individual policies


Published: 2015

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§ 38.2-3603. Same; minimum return for individual policies.

Medicare supplement policies sold on an individual basis shall be expected to return to policyowners in the form of aggregate benefits at least sixty-five percent of the aggregate amount of premiums collected.
1981, c. 575, § 38.1-362.8:3; 1986, c. 562; 1991, c. 120 .