What is an insurer required to do when faced with an error made under the Misstatement of Age provision?

What is an insurer required to do when faced with an error made under the Misstatement of Age provision? 




a) Cancel the policy
b) Pay age-corrected benefits
c) Pay full benefits as stated in the policy
d) Bill the policyowner for back premiums


Answer: b) Pay age-corrected benefits

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