PARRIS N. GLENDENING, Governor

Ch. 36

(II) THE TERM OF THE CERTIFICATE;

(8)      A PROVISION THAT AFTER A CERTIFICATE HAS BEEN IN EFFECT
DURING THE LIFETIME OF THE MEMBER FOR A 2-YEAR PERIOD AFTER THE DATE
OF ISSUE, THE CERTIFICATE IS INCONTESTABLE EXCEPT FOR:

(I)       NONPAYMENT OF PREMIUMS;

(II)     VIOLATION OF THE PROVISIONS OF THE CERTIFICATE THAT
RELATE TO MILITARY, AVIATION, OR NAVAL SERVICE; OR

(III)    VIOLATION OF THE PROVISIONS THAT RELATE TO SUSPENSION
OR EXPULSION AS SUBSTANTIALLY SET FORTH IN THE CERTIFICATE;

(9)      A PROVISION THAT AFTER A CERTIFICATE HAS BEEN IN EFFECT
DURING THE LIFETIME OF THE MEMBER FOR A 2-YEAR PERIOD AFTER THE DATE
OF ISSUE, THE CERTIFICATE IS INCONTESTABLE ON THE GROUNDS OF SUICIDE;

(10)    A PROVISION THAT:

(I)       IF THE AGE OR SEX OF THE MEMBER OR ANOTHER PERSON IS
CONSIDERED IN DETERMINING THE PREMIUM AND, BEFORE FINAL SETTLEMENT
UNDER THE CERTIFICATE, IT IS FOUND THAT THE AGE OR SEX HAS BEEN
MISSTATED AND THE DISCREPANCY AND PREMIUM INVOLVED HAVE NOT BEEN
ADJUSTED, THE AMOUNT PAYABLE IS THE AMOUNT THAT THE PREMIUM WOULD
HAVE PURCHASED AT THE CORRECT AGE AND SEX; BUT

(II)     IF THE CORRECT AGE WAS NOT AN INSURABLE AGE UNDER
THE SOCIETY'S CHARTER OR LAWS:

1.        ONLY THE PREMIUMS PAID TO THE SOCIETY, LESS ANY
PAYMENTS PREVIOUSLY MADE TO THE MEMBER, SHALL BE RETURNED; OR

2.        AT THE OPTION OF THE SOCIETY, THE AMOUNT PAYABLE
UNDER THE CERTIFICATE IS THE AMOUNT THE PREMIUM WOULD HAVE
PURCHASED AT THE CORRECT AGE AND SEX ACCORDING TO THE SOCIETY'S
ADOPTED RATES AND ANY EXTENSION OF THOSE RATES THAT IS BASED ON
ACTUARIAL PRINCIPLES;

(11)    A PROVISION THAT RECITES FULLY OR SETS FORTH THE
SUBSTANCE OF ALL SECTIONS OF THE CHARTER, CONSTITUTION, LAWS, RULES, OR
REGULATIONS OF THE SOCIETY THAT ARE IN FORCE ON THE DATE OF ISSUANCE OF
THE CERTIFICATE, THE VIOLATION OF WHICH WILL RESULT IN THE TERMINATION
OR REDUCTION OF BENEFITS PAYABLE UNDER THE CERTIFICATE; AND

(12)    A PROVISION THAT, IF THE CONSTITUTION OR LAWS OF THE
SOCIETY PROVIDE FOR EXPULSION OR SUSPENSION, A MEMBER WHO IS EXPELLED
OR SUSPENDED HAS THE PRIVILEGE OF MAINTAINING THE INSURANCE IN FORCE BY
CONTINUING PAYMENT OF THE REQUIRED PREMIUM, UNLESS THE EXPULSION OR
SUSPENSION IS FOR:

(I) NONPAYMENT OF A PREMIUM; OR
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