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Age Change
Age Change The date on which a person's age, for insurance purposes, changes. In most life insurance contracts, the age change is the date midway between the insured's natural birth date from one year to the next; health insurers often use the age of the previous birth date for insurance rate determinations.Age Change
Age ChangeIn insurance, a person's birthday. The date on which a person's age changes may cause one's premiums to increase or decrease (depending on the type of insurance). |