Operation of Provision Establishing Age for Termination of Coverage Generally; Effect of Misstatement of Age of Insured

1. Law
2. Georgia Code
3. Insurance
4. Individual Accident and Sickness Insurance
5. Operation of Provision Establishing Age for Termination of Coverage Generally; Effect of Misstatement of Age of Insured

1. If any accident and sickness policy delivered or issued for delivery in this state contains a provision establishing, as an age limit or otherwise, a date after which the coverage provided by the policy will not be effective and, if the date falls within a period for which premium is accepted by the insurer or if the insurer accepts a premium after such date, the coverage provided by the policy will continue in force until the end of the period for which premium has been accepted.
2. In the event the age of the insured has been misstated and if, according to the correct age of the insured, the coverage provided by the policy would not have become effective or would have ceased prior to the acceptance of the premium or premiums, then the liability of the insurer shall be limited to the refund, upon request, of all premiums paid for the period not covered by the policy.

(Code 1933, § 56-3003, enacted by Ga. L. 1960, p. 289, § 1.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 44 Am. Jur. 2d, Insurance, § 1046 et seq.

C.J.S.

- 46 C.J.S., Insurance, § 1234 et seq.

ALR.

- Clause in health and accident, or similar, policy reducing amount of, or terminating, periodic payments after insured reaches specified age, as applicable to disability incurred before such age was reached, 53 A.L.R.2d 552.

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