Current with changes from the 2024 legislative session through ch. 845
Section 38.2-514 - Failure to make disclosureA. No person shall sell, solicit, or negotiate the sale of an annuity, a life insurance policy or an accident and sickness insurance policy without furnishing the disclosure information required by any rules and regulations of the Commission.B. No person shall provide to an insured, claimant, subscriber or enrollee under an accident and sickness insurance policy, subscription contract, or health maintenance organization contract, an explanation of benefits which does not clearly and accurately disclose the method of benefit calculation and the actual amount which has been or will be paid to the provider of services.Code 1950, § 38.1-52; 1952, c. 317, § 38.1-52.13; 1977, c. 529; 1978, c. 441; 1979, c. 324; 1980, c. 404; 1986, c. 562; 1991, c. 620; 1992, c. 7; 1994, c. 320; 2001, cc. 371, 706.Amended by Acts 2001, § cc.371, 706.Amended by Acts 1994, § c. 320.Amended by Acts 1992, § c. 7.Amended by Acts 1991, § c. 620.Amended by Acts 1986, § c. 562.Amended by Acts 1980, § c. 404.Amended by Acts 1979, § c. 324.Amended by Acts 1978, § c. 441.Amended by Acts 1977, § c. 529.Amended by Acts 1952, § c. 317, § 38.1-52.13.