The group life insurance policy shall contain a provision specifying an equitable adjustment of premiums or of benefits or 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.
Me. Rev. Stat. tit. 24-A, § 2618
Misstatement of age
Known as the Group Life Insurance Law
The act spans §§ 2601–2630 (39 sections).
PL 1969, c. 132, §1 (NEW).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.