Section 59A-21-16 - Misstatement of age.

NM Stat § 59A-21-16 (2019) (N/A)
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A group life insurance policy shall contain in substance 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, such provision to contain a clear statement of the method of adjustment to be used.

History: Laws 1984, ch. 127, § 413.