Adjustment Provision

Definition of "Adjustment provision"

Karen Waguespack real estate agent
Karen Waguespack, Real Estate Agent Corporate Relocation, LLC

Provision in an Adjustable Life Insurance policy that permits the structure of the policy to be changed by:

  1. increasing or decreasing the premium;
  2. increasing or decreasing the face amount;
  3. lengthening or shortening the period of protection;
  4. lengthening or shortening the period of premium payments.

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