The group life insurance policy must contain a provision specifying an equitable adjustment of premiums or of benefits or of both to be made if the age of a person insured has been misstated, the provision to contain a clear statement of the method of adjustment to be used.
Structure Alaska Statutes
Chapter 48. Group Life Insurance
Sec. 21.48.010. Group requirements for group contracts.
Sec. 21.48.060. Debtor groups.
Sec. 21.48.070. Credit union group.
Sec. 21.48.100. Provisions required in group contracts.
Sec. 21.48.120. Incontestability.
Sec. 21.48.150. Misstatement of age.
Sec. 21.48.160. Payment of benefits.
Sec. 21.48.180. Conversion on termination of eligibility.
Sec. 21.48.190. Conversion on termination of policy.
Sec. 21.48.200. Death pending conversion.
Sec. 21.48.210. Notice as to conversion right.