Statutes > Virginia Statutes > Title 38.2 - INSURANCE. > Chapter 36 - Medicare Supplement Policies (38.2-3600 thru 38.2-3609) > 38.2-3603 - Same; minimum return for individual policies.

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

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

Medicare supplement policies sold on an individual basis shall be expected toreturn to policyowners in the form of aggregate benefits at least sixty-fivepercent of the aggregate amount of premiums collected.

(1981, c. 575, § 38.1-362.8:3; 1986, c. 562; 1991, c. 120.)