There may be a provision as follows:
“Misstatement of Age: If the age of the insured has been misstated, all amounts payable under this policy shall be such as the premium paid would have purchased at the correct age.”

Terms Used In Kentucky Statutes 304.17-200

  • insured: as used in this subtitle , shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits, and rights provided therein. See Kentucky Statutes 304.17-320

Effective: June 18, 1970
History: Created 1970 Ky. Acts ch. 301, subtit. 17, sec. 20, effective June 18, 1970.