- (a) A group life insurance policy must specify an equitable adjustment of premiums, benefits, or both, to be made if the age of an insured has been misstated.
- (b) The provision required by Subsection (a) must contain a clear statement of the method of adjustment to be used.
- (c) This section does not apply to a policy to which Section 1131.703 applies.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.