Unfair discrimination; rebates prohibited

What this document is

Virginia Code s. 38.2-508 - Unfair discrimination; rebates prohibited is a state statute published by Virginia General Assembly (law.lis.virginia.gov). It is one of the Virginia documents that insurance license exam questions are written from, including virginia life & health practice questions. This page summarizes it and points to the official version, which is the text to rely on.

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Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• Va. Code § 38.2-508 (Unfair Discrimination)

  “Unfairly discriminate or permit any unfair discrimination between individuals of the same class and of essentially the same hazard (i) in the amount of premium, policy fees, or rates charged for any policy or contract of accident or health insurance, (ii) in the benefits payable under such policy...”

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