There shall be 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.
KRS 304.16-160
Effect of misstatement of age
Known as the Group Life Insurance Law
The act spans §§ 304.16-010 to 304.16-230 (26 sections).
Effective: June 18, 1970 History: Created 1970 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.