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."
S.D. Codified Laws § 58-17-33
Misstatement of age--Policy provision for adjustment of benefits
Source: SL 1966, ch 111, ch 25, § 18.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.