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.”

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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.