511.32 Misrepresentation of age.
In all cases where it shall appear that the age of the person insured has been understated in the proposal, declaration or other instrument upon which a policy of life insurance has been founded or issued, then the amount payable under the policy shall be such as the premium paid would have purchased at the correct age; provided, however, that one who, by misstating one’s age, obtains life insurance not otherwise obtainable shall be entitled to recover from the insurer on account of such policy only the aggregate premiums paid.
[C97, §1813; C24, 27, 31, 35, 39, §8771; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §511.32]
Structure Iowa Code
Chapter 511 - PROVISIONS APPLICABLE TO LIFE INSURANCE COMPANIES AND ASSOCIATIONS
Section 511.1 - Annual statement of foreign companies.
Section 511.2 - Amended forms of statement.
Section 511.4 - Advertisements — who deemed agent.
Section 511.7 - Recovery of penalties.
Section 511.8 - Investment of funds.
Section 511.8A - Agricultural land.
Section 511.10 - Rule of valuation.
Section 511.11 - Prohibited loans.
Section 511.12 - Officers not to profit by investments.
Section 511.13 - Disbursements — vouchers — affidavit.
Section 511.14 - Taxes — from what funds payable.
Section 511.16 - Illegal business.
Section 511.17 - Contracts void — recovery — damages — attorney fees.
Section 511.18 - Fraud in procuring insurance.
Section 511.22 - May not advertise authorized capital.
Section 511.24 - Fees from domestic and foreign companies.
Section 511.26 - Fee statute — applicability.
Section 511.27 - Commissioner as process agent.
Section 511.28 - Service of process.
Section 511.29 - Interpretation.
Section 511.30 - Intoxication as defense.
Section 511.31 - Physician’s certificate — estoppel.
Section 511.32 - Misrepresentation of age.
Section 511.33 - Application for insurance — duty to attach to policy.
Section 511.34 - Failure to attach — defenses — estoppel.
Section 511.35 - Limitation on proofs of loss.
Section 511.36 - Interest rates on policy loans.
Section 511.38 - Interest on delayed claims payments.
Section 511.39 - Charitable organizations — insurable interest.
Section 511.40 - Employer — insurable interest in employees.