Common use of MISREPRESENTATION AND MISSTATEMENT Clause in Contracts

MISREPRESENTATION AND MISSTATEMENT. If there is an adjustment to the policy benefit in a policy reinsured under this Agreement, as a result of a misrepresentation or misstatement of age or sex, then a corresponding adjustment to the reinsurance benefit will be made.

Appears in 2 contracts

Sources: Yearly Renewable Term Reinsurance Agreement (Prudential Variable Appreciable Account), Reinsurance Agreement (Pruco Life Variable Universal Account)