2006 Code of Virginia § 38.2-3306 - Misstatement of age
38.2-3306. Misstatement of age.
Each individual life insurance policy shall contain a provision that if, atany time before final settlement under the policy, the age of the insured, orthe age of any other person if considered in determining the premium, isfound to have been misstated, the amount payable under the policy shall equalthe amount that the premium would have purchased at the insured's or otherperson's correct age at the time the policy was issued.
(Code 1950, 38-371(4); 1950, p. 179; 1952, c. 317, 38.1-395; 1986, c.562.)
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