MISSTATEMENT OF AGE. If the age of the Insured Person has been misstated and the premium paid as a result thereof is insufficient, any claim payable under this Policy shall be prorated based on the ratio of the actual premium paid to the correct premium which should have been charged for the year. Any excess premium, which may have been paid as a result of such misstatement of age, shall be refunded without interest. If at the correct age the Insured Person would not have been eligible for cover under this Policy, no benefit shall be payable.
Appears in 12 contracts
Sources: Health Insurance Policy, Health Insurance Policy, Group Hospital & Surgical Insurance Policy
MISSTATEMENT OF AGE. If the Your age of the Insured Person has had been misstated and the premium paid as a result thereof is insufficient, any claim payable under this Policy shall be prorated based on the ratio of the actual premium paid to the correct premium which should have been charged for the year. Any excess premium, which may have been paid as a result of such misstatement of age, shall be refunded without interest. If at the Your correct age the Insured Person would not have been eligible for cover under this Policy, no benefit shall be payable.
Appears in 3 contracts
Sources: Consumer Insurance Contract, Consumer Insurance Contract, Enhanced Group Hospital and Surgical Policy Contract
MISSTATEMENT OF AGE. If the age of the Insured Person has been misstated and the premium paid as a result thereof is insufficientinsufficient, any claim payable under this Policy shall be prorated based on the ratio of the actual premium paid to the correct premium which should have been charged for the year. Any excess premium, which may have been paid as a result of such misstatement of age, shall be refunded without interest. If at the correct age the Insured Person would not have been eligible for cover under this Policy, no benefit shall be payable.
Appears in 1 contract
Sources: Health Insurance Policy
MISSTATEMENT OF AGE. If the age of the Insured Person has been misstated and the premium paid as a result thereof is insufficient, any claim payable under this Policy shall be prorated based on the ratio of the actual premium paid to the correct premium which should have been charged for the year. Any excess premium, which may have been paid as a result of such misstatement of age, shall be refunded without interest. If at the correct age age, the Insured Person would not have been eligible for cover under this Policy, no benefit shall be payable.
Appears in 1 contract
Sources: Living Care Policy