Amend Coverage

How do I amend my coverage?

For increase or decrease of coverage, submit the following documents:

• Two copies of a duly accomplished (i.e. must be dated, signed and witnessed)
• Request for Policy Change Form indicating desired change in coverage as well as the Policy Contract.
• A duly accomplished Health Statement Form and other proof of good health as may be required by the Company.
• Payment of cost for the premium difference of the old coverage to the new coverage
• Policy Contract

Increase in face amount is allowed within one year from original effective date.

Any policy change which will result in the reduction of coverage or benefit will require the consent of any assignee or irrevocable beneficiary. On the other hand, if the policy change will result in additional benefits, Philam Life reserves the right to add additional requirements whenever necessary.