2009 Washington Code
Title 48 - Insurance
Chapter 48.24 - Group life and annuities.
48.24.240 - Readjustment of premium.

Readjustment of premium.

Any group life insurance contract may provide for a readjustment of the premium rate based on experience under that contract, at the end of the first or of any subsequent year of insurance, and which readjustment may be made retroactive for such policy year only.

[1947 c 79 § .24.24; Rem. Supp. 1947 § 45.24.24.]

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