State RegulationsCA specific✓ Verified · outline & fact-checked · Sep 2026Difficulty 2/5
Under the misstatement-of-age provision (Section 10369.3) applicable to group life insurance in California, if the insured's age was misstated, the insurer:
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
The misstatement-of-age provision in California, Section 10369.3, states that if the insured's age has been misstated, all amounts payable under the policy are adjusted to what the premium paid would have purchased at the correct age. Rather than voiding the contract, the insurer recalculates the benefit using the correct age and the premium that was actually paid. This same principle applies to individual policies and prevents either party from profiting from an age error.
Why the other options are wrong
- B) The policy is not voided for age misstatement; the benefit is adjusted to the correct age.
- C) There is no "innocent insured" full-payment rule; the benefit is always recalculated.
- D) The adjustment applies to the amounts payable under the policy, not a refund of one year's premium.
Memory hook
Age misstatement means recompute, not void: the benefit becomes what the paid premium buys at the true age.