Alabama Statutes

§ 27-18-7 — Policy Provisions - Adjustment of Premiums And/Or Benefits

Alabama·Title 27 Insurance·Ch. 18 Group Life Insurance
The group life insurance 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, such provision to contain a clear statement of the method of adjustment to be used.

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Legislative History

(Acts 1971, No. 407, p. 707, §413.)

Nearby Sections

15
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