41-2134 — AGE LIMIT
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TITLE 41
INSURANCE
CHAPTER 21
DISABILITY INSURANCE POLICIES
41-2134. AGE LIMIT. If any such policy contains a provision establishing,
as an age limit or otherwise, a date after which the coverage provided by the
policy will not be effective, and if such date falls within a period for which
premium is accepted by the insurer or if the insurer accepts a premium after
such date, the coverage provided by the policy will continue in force subject
to any right of cancellation until the end of the period for which premium has
been accepted. In the event the age of the insured has been misstated and if,
according to the correct age of the insured, the coverage provided by the
policy would not have become effective, or would have ceased prior to the
acceptance of such premium or premiums, then the liability of the insurer
shall be limited to the refund, upon request, of all premiums paid for the
period not covered by the policy.