Common use of Your Premium Amount Can Change Clause in Contracts

Your Premium Amount Can Change. 1. If Your age was misstated on the application, Your premiums or Benefits can change. If We learn that You told Us the wrong age, any Benefit You receive will be the daily amount the premiums paid would have purchased at Your correct age. If We issued or renewed this Contract because We believed You were younger than You are and if We would not have issued, continued, or renewed it because You were older, then You will not receive Benefits. We will only return the premium You paid. A clerical error will not void insurance which should be in force nor will it continue insurance which should have ended. 2. We can increase the premiums for this Plan. We can increase Your premiums after the first Policy Year (that means after the first 12 months You have this Plan) and then every 6 months after that. At times, Your premiums may increase more frequently as described in the following paragraph. Except as stated in the following paragraph, if We do increase Your premiums, 45 days before the change We will write to You at the last address shown in Our records. In the notice, We will tell You when the increase will occur. Each time You pay Your premium when it is due, You show that You want to continue Your coverage. 3. At any time during the life of this Contract, We can increase premiums more often than stated above if a change occurs in the extent or nature of the risk that We did not consider when We set the rates. This risk includes adding a newly covered person. Also, We can increase the premium if You ask Us to change Benefits from those that were in force when We last set the rates. Any increase in premium will begin on the next billing date after the Effective Date of the risk change. Each time You pay Your premium when it is due, You show that You want to continue Your coverage.

Your Premium Amount Can Change. 1. If Your age was misstated on the application, Your premiums or Benefits can change. If We learn that You told Us the wrong age, any Benefit You receive will be the daily amount the premiums paid would have purchased at Your correct age. If We issued or renewed this Contract because We believed You were younger than You are and if We would not have issued, continued, or renewed it because You were older, then You will not receive Benefits. We will only return the premium You paid. A clerical error will not void insurance which should be in force nor will it continue insurance which should have ended. 2. We can increase the premiums for this Plan. We can increase Your premiums after the first Policy Year (that means after the first 12 months You have this Plan) and then every 6 months after that. At times, Your premiums may increase more frequently as described in the following paragraph. Except as stated in the following paragraph, if We do increase Your premiums, 45 days before the change We will write to You at the last address shown in Our records. In the notice, notice We will tell You when the increase will occur. Each time You pay Your premium when it is due, You show that You want to continue Your coverage. 3. At any time during the life of this Contract, We can increase premiums more often than stated above if a change occurs in the extent or nature of the risk that We did not consider when We set the rates. This risk includes adding a newly covered person. Also, We can increase the premium if You ask Us to change Benefits from those that were in force when We last set the rates. Any increase in premium will begin on the next billing date after the Effective Date of the risk change. Each time You pay Your premium when it is due, You show that You want to continue Your coverage. 4. We will base Your premiums on the Subscriber’s age. Premiums can change when You reach age 35, 50, and 65 if We write to You 45 days before they change.

Your Premium Amount Can Change. ‌‌ 1. If Your age was misstated on the application, Your premiums or Benefits can change. If We learn that You told Us the wrong age, any Benefit You receive will be the daily amount the premiums paid would have purchased at Your correct age. If We issued or renewed this Contract because We believed You were younger than You are and if We would not have issued, continued, or renewed it because You were older, then You will not receive Benefits. We will only return the premium You paid. A clerical error will not void insurance which should be in force nor will it continue insurance which should have ended. 2. We can increase the premiums for this Plan. We can increase Your premiums after the first Policy Year (that means after the first 12 months You have this Plan) and then every 6 months after that. At times, Your premiums may increase more frequently as described in the following paragraph. Except as stated in the following paragraph, if We do increase Your premiums, 45 days before the change We will write to You at the last address shown in Our records. In the notice, notice We will tell You when the increase will occur. Each time You pay Your premium when it is due, You show that You want to continue Your coverage. 3. At any time during the life of this Contract, We can increase premiums more often than stated above if a change occurs in the extent or nature of the risk that We did not consider when We set the rates. This risk includes adding a newly covered person. Also, We can increase the premium if You ask Us to change Benefits from those that were in force when We last set the rates. Any increase in premium will begin on the next billing date after the Effective Date of the risk change. Each time You pay Your premium when it is due, You show that You want to continue Your coverage. 4. We will base Your premiums on the Subscriber’s age. Premiums can change when You reach age 35, 50, and 65 if We write to You 45 days before they change.