Definition of industrial life insurance

Va. Code Ann. § 38.2-3340
in effect
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"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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/38.2-3340/Fetched: 10/16/2026

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