A group policy shall contain a provision specifying an equitable adjustment of premiums or of benefits, or of both, to be made in the event the age of a person insured has been misstated. The provision shall contain a clear statement of the method of adjustment to be used.
Misstatement of age provision
Ark. Code Ann. § 23-83-114 — under Group Life Insurance And Annuities.
Ark. Code Ann. § 23-83-114