CHAPTER 520

AN ACT to amend and reenact § 38-225 of the Code of Virginia
of 1950, relating to the regulation of health and accident
policies and to certain policies and kinds of insurance
excepted from such regulations.

[ H 536 ]

Approved April 7, 1950

Be it enacted by the General Assembly of Virginia:

1. That § 38-225 of the Code of Virginia of 1950 be amended
and reenacted as follows:

§ 38-225. Regulations of health and accident policies not
applicable to certain policies or kinds of insurance.—Nothing in
in * Sections 38-219 to 38-226, both inclusive, shall apply to or
affect:
(1) Any general, * blanket or group policy of insurance
issued to the Federal, the State, any county or any municipal
government, or to any department, bureau, board, commission
or institution * thereof, or to any corporation, copartnership,
association, or individual employer, police or fire department,
underwriters corps, salvage bureau, or like associations or or-
ganizations, where the officers, members or employees or classes
or departments thereof are insured against specified accidental
bodily injuries or diseases while exposed to the hazards of the
occupation or otherwise for a premium intended to cover the
risks of all the persons insured under such policy;

(2) * Any policy or contract of reinsurance; or any blanket
or group policy of insurance; or life insurance, endowment or
annuity contracts, or contracts supplemental thereto which con-
tain only such provisions relating to accident and sickness in-
surance as (a) provide additional benefits in case of death or
dismemberment or loss of sight by accident, or as (b) operate
to safeguard such contracts against lapse, or to give a special
surrender value or special benefit or an annuity in the event that
the insured or annuitant shall become totally and permanently
disabled, as defined by the contract or supplemental contract.

(3) Fraternal beneficiary associations, societies or orders
with representative form of government operating on a lodge
system or the beneficiary certificates or policies issued by them;
or

(4) Industrial sick benefit companies, or policies issued
by them.