A group policy shall contain 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. The provision shall contain a clear statement of the method of adjustment to be used.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 83 - Group Life Insurance And Annuities
§ 23-83-101. Group contracts must meet group requirements
§ 23-83-103. Labor union groups
§ 23-83-105. Debtor groups and credit union groups
§ 23-83-106. Association groups
§ 23-83-107. Restrictions on coverage of other groups
§ 23-83-108. Restrictions on coverage of spouse and dependent children of group member
§ 23-83-109. Provisions required in policy
§ 23-83-110. Grace period for payment of premium provision
§ 23-83-111. Incontestability provision
§ 23-83-112. Application attached to policy provision — Statements deemed representations
§ 23-83-113. Insurability provision
§ 23-83-114. Misstatement of age provision
§ 23-83-115. Payment of benefits provision
§ 23-83-116. Issuance of certificate to policyholder provision
§ 23-83-117. Conversion on termination of eligibility provision
§ 23-83-118. Conversion on termination of policy provision
§ 23-83-119. Death pending conversion provision
§ 23-83-120. Continuation of coverage during insured's total disability provision
§ 23-83-121. Delivery of certificate of insurance to insured debtors provision
§ 23-83-122. Notice as to conversion right
§ 23-83-123. Group insurance on Arkansas residents placed in authorized insurers
§ 23-83-124. Group insurance in unauthorized insurer