1343

The policy shall have a clause to the effect that if it is found that the insured has misstated or stated his/her smoking status contrary to fact at the time of making the statement, the policy may provide for an adjustment due to a false smoking status statement to be made during the first two (2) years thereof; provided, that the amount to be paid at the time of death shall be the benefit amount that the premium would have purchased taking into consideration the smoking status.\nHistory —Ins. Code, added as § 13.080 on Nov. 9, 2007, No. 165, § 1, eff. 90 days after Nov. 9, 2007.