Misstatement of age or sex.

There shall be a provision specifying an equitable adjustment of premiums or of benefits or of both to be made in the event the age or sex of a person insured has been misstated, such provision to contain a clear statement of the method of adjustment to be used.

[1983 1st ex.s. c 32 ยง 22; 1947 c 79 ยง .24.15; Rem. Supp. 1947 ยง 45.24.15.]