Exam term
Conversion privilege
The right to convert coverage to an individual permanent policy without evidence of insurability within a limited window. It is most often used when group life coverage ends, and many term policies offer it too.
Lessons that use this term
- Participating, individual, and group life policies California
- Term life renewability and convertibility features Florida
- Group life insurance conversion and contribution Florida
- Group health insurance and COBRA Florida
- Owner's rights Florida
- Group life standard provisions and conversion rights Florida
- Life policy classifications: group versus individual, permanent versus term, participating versus nonparticipating New York
- New York policy backdating limits and HIV testing consent rules (Ins. Law 3208, 2611) New York
- Group life insurance conversion and contribution New York
- Group life insurance conversion and contribution Texas
- Dependent children benefits Texas