Common use of Change of Premium Clause in Contracts

Change of Premium. We may increase or decrease your premium. We will only change your premium if a change is being made to all insured person’s in the same class grouping. No one individual insured person will ever be singled out for a premium rate change. At least 45 days prior written notice of any change in premium will be given to you. We can only change your premium once in any 12-month period.

Appears in 4 contracts

Samples: Specialty Life Accidental Death & Dismemberment Policy, Specialty Life Critical Illness Insurance Policy, Specialty Life Accidental Death & Dismemberment Policy

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