{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-3117.2.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-3117.2.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-3117.2.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-3117.2.html"}],"law_id":362006,"edition_id":2,"section_id":362006,"structure_id":51731,"section_number":"38.2-3117.2","catch_line":"Explanation of settlement options","history":"2011, cc. 194, 227.","full_text":"The insurer shall provide the beneficiary, at the time a claim is made, written information describing the settlement options available under the policy and how to obtain specific details relevant to the options.\n\n","order_by":null,"text":{"0":{"id":1347735,"text":"The insurer shall provide the beneficiary, at the time a claim is made, written information describing the settlement options available under the policy and how to obtain specific details relevant to the options.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":51731,"edition_id":2,"name":"Use of Retained Asset Accounts","identifier":"1.1","label":"article","depth":3,"order_by":2,"parent_id":51729,"metadata":{"child_laws":4,"child_structures":0},"date_created":"2026-08-02 02:47:28","date_modified":"2026-08-02 12:33:09","permalink":{"id":1441445,"object_type":"structure","relational_id":51731,"identifier":"1.1","token":"38.2\/31\/1.1","url":"\/38.2\/31\/1.1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51729,"edition_id":2,"name":"Life Insurance","identifier":"31","label":"chapter","depth":2,"order_by":31,"parent_id":51644,"metadata":{"child_laws":41,"child_structures":4},"date_created":"2026-08-02 02:47:26","date_modified":"2026-08-02 12:33:09","permalink":{"id":1441333,"object_type":"structure","relational_id":51729,"identifier":"31","token":"38.2\/31","url":"\/38.2\/31\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51644,"edition_id":2,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":88,"parent_id":null,"metadata":{"child_laws":1890,"child_structures":173},"date_created":"2026-08-02 02:45:30","date_modified":"2026-08-02 12:32:55","permalink":{"id":1437663,"object_type":"structure","relational_id":51644,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":362005,"structure_id":51731,"section_number":"38.2-3117.1","catch_line":"Definitions","url":"\/38.2-3117.1\/","token":"38.2\/31\/1.1\/38.2-3117.1","metadata":false},{"id":362006,"structure_id":51731,"section_number":"38.2-3117.2","catch_line":"Explanation of settlement options","url":"\/38.2-3117.2\/","token":"38.2\/31\/1.1\/38.2-3117.2","metadata":false},{"id":362007,"structure_id":51731,"section_number":"38.2-3117.3","catch_line":"Supplemental contract","url":"\/38.2-3117.3\/","token":"38.2\/31\/1.1\/38.2-3117.3","metadata":false},{"id":362008,"structure_id":51731,"section_number":"38.2-3117.4","catch_line":"Disclosures for retained asset accounts to beneficiaries","url":"\/38.2-3117.4\/","token":"38.2\/31\/1.1\/38.2-3117.4","metadata":false}],"previous_section":{"id":362005,"structure_id":51731,"section_number":"38.2-3117.1","catch_line":"Definitions","url":"\/38.2-3117.1\/","token":"38.2\/31\/1.1\/38.2-3117.1","metadata":false},"next_section":{"id":362007,"structure_id":51731,"section_number":"38.2-3117.3","catch_line":"Supplemental contract","url":"\/38.2-3117.3\/","token":"38.2\/31\/1.1\/38.2-3117.3","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-3117.2\/","history_text":"<p>This law was first created in 2011. The record of its establishment is cataloged in chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?111+ful+CHAP0194\">194<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?111+ful+CHAP0227\">227<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":1441451,"object_type":"law","relational_id":362006,"identifier":"38.2-3117.2","token":"38.2\/31\/1.1\/38.2-3117.2","url":"\/38.2-3117.2\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-3117.2\/","token":"38.2\/31\/1.1\/38.2-3117.2","dublin_core":{"Title":"Explanation of settlement options","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-3117.2","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The <span class=\"dictionary\">insurer<\/span> shall provide the beneficiary, at the time a claim is made, written information describing the <span class=\"dictionary\">settlement<\/span> options available under the <span class=\"dictionary\">policy<\/span> and how to obtain specific details relevant to the options.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nEXPLANATION OF SETTLEMENT OPTIONS (\u00a7 38.2-3117.2)\n\nThe insurer shall provide the beneficiary, at the time a claim is made, written\ninformation describing the settlement options available under the policy and how\nto obtain specific details relevant to the options.\n\nHISTORY: 2011, cc. 194, 227.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}