There may be a provision as follows:
“Misstatement of Age: If the age of the insured has been misstated, all amounts payable under this policy shall be such as the premium paid would have purchased at the correct age.”
Ark. Code Ann. § 23-85-120
Optional misstatement of age provision
Acts 1959, No. 148, § 403; A.S.A. 1947, § 66-3618.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.