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State statute · Vermont

Life insurance policy provisions

Vt. Stat. Ann. tit. 8, ch. 103

Publisher
Vermont General Assembly
Edition
State statute, retrieved 2026-08-28
Last checked
2026-09-12
Status
Vermont Statutes, public domain
Edition and licensing notes

Publisher. Vermont General Assembly (legislature.vermont.gov)

Status. Vermont Statutes, public domain.

What this document is

Vt. Stat. Ann. tit. 8, ch. 103: Life insurance policy provisions is a state statute published by Vermont General Assembly (legislature.vermont.gov). It is one of the Vermont documents that insurance license exam questions are written from, including vermont life & health practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

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.

  • Vt. Stat. Ann. tit. 8, § 3731(9) (Standard provisions required: Reinstatement)
    “the policy will be reinstated at any time within three years (or two years in the case of industrial life insurance policies) from the date of premium default upon written application therefor, the production of evidence of insurability satisfactory to the insurer, the payment of all premiums in...”
  • Vt. Stat. Ann. tit. 8, § 3813 (Group life insurance: Grace period)
    “The group life insurance policy shall contain a provision that the policyholder is entitled to a grace period of 31 days for the payment of any premium due except the first, during which grace period the death benefit coverage shall continue in force,”
  • Vt. Stat. Ann. tit. 8, § 3818 (Group life insurance: Payment of benefits)
    “subject to any right reserved by the insurer in the policy and set forth in the certificate to pay at its option a part of such sum not exceeding $500.00 to any person appearing to the insurer to be equitably entitled thereto by reason of having incurred funeral or other expenses incident to the...”
  • Vt. Stat. Ann. tit. 8, § 3736 (Representations in applications)
    “Misrepresentations, omissions, concealment of facts, and incorrect statements shall not prevent a recovery under the policy or contract unless either: (1) fraudulent; (2) material either to the acceptance of the risk, or to the hazard assumed by the insurer;”

Practice this material

Questions about this source

Vt. Stat. Ann. tit. 8, ch. 103: Life insurance policy provisions is a state statute published by Vermont General Assembly (legislature.vermont.gov). Edition: State statute, retrieved 2026-08-28.

No. This page summarizes the document and links to the official version. Always rely on the text published by Vermont General Assembly (legislature.vermont.gov) for the current law.

Practice questions for Vermont Life & Health cite this document.

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