Insurance agents; revises definition of limited burial insurance authorities. (SB692)
Introduced By
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Insurance agents; limited burial insurance authorities. Expands the definition of a limited burial insurance authority to include the authority of a person who is licensed to engage in the practice of funeral service, preneed funeral planning, funeral directing, embalming, or operating a funeral service establishment to solicit applications for life insurance in amounts of $10,000 or less in connection with the funding of a preneed funeral contract. Amends § 38.2-1800 (“Definitions.”), of the Code of Virginia. View Full Text »

