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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>362070</law_id><section_number>38.2-3302</section_number><catch_line>How premiums payable</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="88" identifier="38.2">Insurance</unit><unit label="chapter" level="2" order_by="33" identifier="33">Life Insurance Policies</unit><unit label="article" level="3" order_by="1" identifier="1">Life Insurance Policies; Annuities</unit></structure><text>
						<section><p>Each individual life <span class="dictionary">insurance</span> policy shall have a provision that all premiums after the first premium shall be payable in advance.</p></section></text><history>Code 1950, &#xA7; 38-371(1); 1950, p. 179; 1952, c. 317, &#xA7; 38.1-391; 1986, c. 562.</history><metadata></metadata></law>
