38.2-3344 - Policy and application to constitute entire contract; statements deemed representations.
§ 38.2-3344. Policy and application to constitute entire contract; statementsdeemed representations.
A. Each industrial life insurance policy shall contain a provision that thepolicy, or the policy and the application for the policy, if a copy of theapplication is endorsed upon or attached to the policy when issued, shallconstitute the entire contract between the parties.
B. The provision shall also state that:
1. All statements made by the insured shall, in the absence of fraud, bedeemed representations and not warranties; and
2. No such statement shall be used in defense of a claim under the policyunless it is contained in a written application that is endorsed upon orattached to the policy when issued.
(Code 1950, § 38-434(2); 1952, c. 317, § 38.1-412; 1986, c. 562.)