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Statutes > Washington Laws > Title 48 - Insurance > 48.24 - Group life and annuities. > 48.24.240 - Readjustment of premium.

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WASHINGTON STATUTES AND CODES

48.24.240 - Readjustment of premium.

Readjustment of premium.

Any group life insurance contract may provide for a readjustment of the premium rate based on experience under that contract, at the end of the first or of any subsequent year of insurance, and which readjustment may be made retroactive for such policy year only.

[1947 c 79 § .24.24; Rem. Supp. 1947 § 45.24.24.]

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