1. Under the change of beneficiary provision, a policyowner with a revocable beneficiary may:

Change the beneficiary without the beneficiary's consent

When the beneficiary is revocable, the owner may change the designation at any time without the beneficiary's consent.

2. If an insured changes to a more hazardous occupation, the Change of Occupation provision allows the insurer to:

Reduce benefits to what the premium would buy at the riskier class

If the insured moves to a more hazardous job, benefits may be adjusted downward to the amount the premium would purchase at the higher-risk classification.

3. If an insured's age was misstated on a health policy, benefits are generally:

Adjusted to what the premium paid would have purchased at the correct age

The misstatement of age provision adjusts benefits to the amount the premiums would have purchased at the insured's true age.

4. The Conformity with State Statutes provision states that any policy provision conflicting with state law is:

Automatically amended to meet the minimum state requirements

Any provision in conflict with the state's law is automatically amended to conform to the minimum statutory requirements.