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.
Ala. Code § 27-18-7
Policy Provisions - Adjustment of Premiums And/Or Benefits.
(Acts 1971, No. 407, p. 707, §413.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.