33-20-1206. Misstatement of age. The group life insurance policy and certificate must 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 must contain a clear statement of the method of adjustment to be used.
History: En. Sec. 342, Ch. 286, L. 1959; R.C.M. 1947, 40-3915; amd. Sec. 32, Ch. 380, L. 2003.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Part 12. Group Contract Provisions
33-20-1201. Provisions required in group contracts
33-20-1204. Application -- statements considered representations
33-20-1206. Misstatement of age
33-20-1207. Payment of benefits
33-20-1209. Conversion on termination of eligibility
33-20-1210. Conversion on termination of policy or certificate
33-20-1211. Death pending conversion
33-20-1212. Notice as to conversion right
33-20-1213. Policy and certificate provisions -- conformity with state statutes