There shall be a provision that if the age of the insured or of any other person whose age is considered in determining the premium or benefit has been misstated, any amount payable or benefit accruing under the policy shall be such as the premium would have purchased at the correct age or ages.
Structure Delaware Code
Chapter 29. LIFE INSURANCE AND ANNUITY CONTRACTS
§ 2903. “Industrial life insurance” defined.
§ 2904. Standard provisions required.
§ 2912. Table of installments.
§ 2915. Beneficiary, industrial policies.
§ 2917. Excluded or restricted coverage.
§ 2918. Standard provisions; annuity and pure endowment contracts.
§ 2919. Grace period; annuities.
§ 2920. Incontestability; annuities.
§ 2921. Entire contract; annuities.
§ 2922. Misstatement of age or sex; annuities.
§ 2924. Reinstatement; annuities.
§ 2925. Standard provisions; reversionary annuities.
§ 2926. Limitation of liability.
§ 2927. Prohibited provisions.
§ 2928. Provisions required by law of other jurisdiction.
§ 2929. Standard nonforfeiture law — Generally.
§ 2930. Incontestability; limitation of liability after reinstatement.
§ 2931. Participating, nonparticipating policies; right to issue.
§ 2933. Prohibited policy plans.
§ 2934. Registered policies, bonds; deposit.
§ 2935. Registered policies, bonds — Identification.
§ 2936. Registered policies, bonds — Records of Commissioner; valuation.
§ 2937. Registered policies, bonds — Additional deposits.
§ 2938. Registered policies, bonds — Deficient deposit.
§ 2939. Registered policies, bonds — Effect of insolvency.
§ 2940. Registered policies, bonds — Applicability of general deposit provisions.