Section 23-83-114 - Misstatement of age provision

A group policy shall contain a provision specifying an equitable adjustment of premiums or of benefits, or of both, to be made in the event the age of a person insured has been misstated. The provision shall contain a clear statement of the method of adjustment to be used.Acts 1981, No. 898, § 14; A.S.A. 1947, § 66-3514.