{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-3311.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-3311.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-3311.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-3311.html"}],"law_id":362079,"edition_id":2,"section_id":362079,"structure_id":51736,"section_number":"38.2-3311","catch_line":"Reinstatement","history":"Code 1950, \u00a7 38-371(10); 1950, p. 180; 1952, c. 317, \u00a7 38.1-400; 1986, c. 562.","full_text":"Each individual life insurance policy shall have a provision that in the event of default in premium payments, if (i) the value of the policy has been applied automatically to the purchase of other insurance as provided for in this article, (ii) the insurance is in force, and (iii) the original policy has not been surrendered to the insurer and cancelled, the policy may be reinstated within three years from default, upon:\n\n1\n\nEvidence of insurability satisfactory to the insurer;\n\n2\n\nPayment of premiums in arrears with interest at a rate not exceeding six percent per year payable annually; and\n\n3\n\nThe payment or reinstatement of any other indebtedness to the insurer upon the policy, with interest at the rate set forth in the policy for the indebtedness.\n\n","order_by":null,"text":{"0":{"id":1348025,"text":"Each individual life insurance policy shall have a provision that in the event of default in premium payments, if (i) the value of the policy has been applied automatically to the purchase of other insurance as provided for in this article, (ii) the insurance is in force, and (iii) the original policy has not been surrendered to the insurer and cancelled, the policy may be reinstated within three years from default, upon:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":1348026,"text":"Evidence of insurability satisfactory to the insurer;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":1348027,"text":"Payment of premiums in arrears with interest at a rate not exceeding six percent per year payable annually; and","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":1348028,"text":"The payment or reinstatement of any other indebtedness to the insurer upon the policy, with interest at the rate set forth in the policy for the indebtedness.","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2"}},"ancestry":[{"id":51736,"edition_id":2,"name":"Life Insurance Policies; Annuities","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":51735,"metadata":{"child_laws":19,"child_structures":0},"date_created":"2026-08-02 02:47:35","date_modified":"2026-08-02 12:33:10","permalink":{"id":1441631,"object_type":"structure","relational_id":51736,"identifier":"1","token":"38.2\/33\/1","url":"\/38.2\/33\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51735,"edition_id":2,"name":"Life Insurance Policies","identifier":"33","label":"chapter","depth":2,"order_by":33,"parent_id":51644,"metadata":{"child_laws":63,"child_structures":3},"date_created":"2026-08-02 02:47:35","date_modified":"2026-08-02 12:33:10","permalink":{"id":1441629,"object_type":"structure","relational_id":51735,"identifier":"33","token":"38.2\/33","url":"\/38.2\/33\/","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":362067,"structure_id":51736,"section_number":"38.2-3300","catch_line":"Requirements; exceptions","url":"\/38.2-3300\/","token":"38.2\/33\/1\/38.2-3300","metadata":false},{"id":362069,"structure_id":51736,"section_number":"38.2-3301","catch_line":"Ten-day right to examine policy","url":"\/38.2-3301\/","token":"38.2\/33\/1\/38.2-3301","metadata":false},{"id":362068,"structure_id":51736,"section_number":"38.2-3301.1","catch_line":"Delivery of individual life insurance policies","url":"\/38.2-3301.1\/","token":"38.2\/33\/1\/38.2-3301.1","metadata":false},{"id":362070,"structure_id":51736,"section_number":"38.2-3302","catch_line":"How premiums payable","url":"\/38.2-3302\/","token":"38.2\/33\/1\/38.2-3302","metadata":false},{"id":362071,"structure_id":51736,"section_number":"38.2-3303","catch_line":"Grace period","url":"\/38.2-3303\/","token":"38.2\/33\/1\/38.2-3303","metadata":false},{"id":362072,"structure_id":51736,"section_number":"38.2-3304","catch_line":"Policy constitutes entire contract; statements deemed representations","url":"\/38.2-3304\/","token":"38.2\/33\/1\/38.2-3304","metadata":false},{"id":362073,"structure_id":51736,"section_number":"38.2-3305","catch_line":"Incontestability","url":"\/38.2-3305\/","token":"38.2\/33\/1\/38.2-3305","metadata":false},{"id":362074,"structure_id":51736,"section_number":"38.2-3306","catch_line":"Misstatement of age","url":"\/38.2-3306\/","token":"38.2\/33\/1\/38.2-3306","metadata":false},{"id":362075,"structure_id":51736,"section_number":"38.2-3307","catch_line":"Participation in surplus","url":"\/38.2-3307\/","token":"38.2\/33\/1\/38.2-3307","metadata":false},{"id":362076,"structure_id":51736,"section_number":"38.2-3308","catch_line":"Policy loans","url":"\/38.2-3308\/","token":"38.2\/33\/1\/38.2-3308","metadata":false},{"id":362077,"structure_id":51736,"section_number":"38.2-3309","catch_line":"Nonforfeiture benefits and cash surrender values","url":"\/38.2-3309\/","token":"38.2\/33\/1\/38.2-3309","metadata":false},{"id":362078,"structure_id":51736,"section_number":"38.2-3310","catch_line":"Table of values and options","url":"\/38.2-3310\/","token":"38.2\/33\/1\/38.2-3310","metadata":false},{"id":362079,"structure_id":51736,"section_number":"38.2-3311","catch_line":"Reinstatement","url":"\/38.2-3311\/","token":"38.2\/33\/1\/38.2-3311","metadata":false},{"id":362080,"structure_id":51736,"section_number":"38.2-3312","catch_line":"Settlement","url":"\/38.2-3312\/","token":"38.2\/33\/1\/38.2-3312","metadata":false},{"id":362081,"structure_id":51736,"section_number":"38.2-3313","catch_line":"Table of installments","url":"\/38.2-3313\/","token":"38.2\/33\/1\/38.2-3313","metadata":false},{"id":362082,"structure_id":51736,"section_number":"38.2-3314","catch_line":"Title","url":"\/38.2-3314\/","token":"38.2\/33\/1\/38.2-3314","metadata":false},{"id":362083,"structure_id":51736,"section_number":"38.2-3315","catch_line":"Variations for certain forms of policies; providing more favorable terms","url":"\/38.2-3315\/","token":"38.2\/33\/1\/38.2-3315","metadata":false},{"id":362084,"structure_id":51736,"section_number":"38.2-3316","catch_line":"Provisions prohibited","url":"\/38.2-3316\/","token":"38.2\/33\/1\/38.2-3316","metadata":{"court_decisions":""}},{"id":362085,"structure_id":51736,"section_number":"38.2-3317","catch_line":"Provisions required by other jurisdictions","url":"\/38.2-3317\/","token":"38.2\/33\/1\/38.2-3317","metadata":false}],"previous_section":{"id":362078,"structure_id":51736,"section_number":"38.2-3310","catch_line":"Table of values and options","url":"\/38.2-3310\/","token":"38.2\/33\/1\/38.2-3310","metadata":false},"next_section":{"id":362080,"structure_id":51736,"section_number":"38.2-3312","catch_line":"Settlement","url":"\/38.2-3312\/","token":"38.2\/33\/1\/38.2-3312","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-3311\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1952, chapter 317; in 1986, chapter 562.<\/p>","references":false,"refers_to":false,"permalink":{"id":1441681,"object_type":"law","relational_id":362079,"identifier":"38.2-3311","token":"38.2\/33\/1\/38.2-3311","url":"\/38.2-3311\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-3311\/","token":"38.2\/33\/1\/38.2-3311","dublin_core":{"Title":"Reinstatement","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-3311","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Each individual life <span class=\"dictionary\">insurance<\/span> policy shall have a provision that in the event of <span class=\"dictionary\">default<\/span> in premium payments, if (i) the value of the policy has been applied automatically to the purchase of other <span class=\"dictionary\">insurance<\/span> as provided for in this article, (ii) the <span class=\"dictionary\">insurance<\/span> is in force, and (iii) the original policy has not been surrendered to the <span class=\"dictionary\">insurer<\/span> and cancelled, the policy may be reinstated within three years from <span class=\"dictionary\">default<\/span>, upon:<\/p><\/section>\n\t\t\t\t\t\t<section id=\"1\"><p><span class=\"prefix-number\">1.<\/span> <span class=\"dictionary\">Evidence<\/span> of insurability satisfactory to the <span class=\"dictionary\">insurer<\/span>; <a id=\"paragraph-1348026\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/38.2-3311\/#1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"2\"><p><span class=\"prefix-number\">2.<\/span> Payment of premiums in <span class=\"dictionary\">arrears<\/span> with interest at a <span class=\"dictionary\">rate<\/span> not exceeding six percent per year payable annually; and <a id=\"paragraph-1348027\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/38.2-3311\/#2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"3\"><p><span class=\"prefix-number\">3.<\/span> The payment or reinstatement of any other indebtedness to the <span class=\"dictionary\">insurer<\/span> upon the policy, with interest at the <span class=\"dictionary\">rate<\/span> set forth in the policy for the indebtedness. <a id=\"paragraph-1348028\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/38.2-3311\/#3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nREINSTATEMENT (\u00a7 38.2-3311)\n\nEach individual life insurance policy shall have a provision that in the event\nof default in premium payments, if (i) the value of the policy has been applied\nautomatically to the purchase of other insurance as provided for in this\narticle, (ii) the insurance is in force, and (iii) the original policy has not\nbeen surrendered to the insurer and cancelled, the policy may be reinstated\nwithin three years from default, upon:\n\n1. Evidence of insurability satisfactory to the insurer;\n\n2. Payment of premiums in arrears with interest at a rate not exceeding six\npercent per year payable annually; and\n\n3. The payment or reinstatement of any other indebtedness to the insurer upon\nthe policy, with interest at the rate set forth in the policy for the\nindebtedness.\n\nHISTORY: Code 1950, \u00a7 38-371(10); 1950, p. 180; 1952, c. 317, \u00a7 38.1-400;\n1986, c. 562.","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"}}