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Who pays the claim if someone dies during the conversion period from a group life policy to an individual life policy?

A. Group policyholder
B. Individual policyholder
C. Insurance company
D. Beneficiary

1 Answer

1 vote

Final answer:

If someone dies during the conversion period from a group life policy to an individual life policy, the insurance company would be responsible for paying the claim.

Step-by-step explanation:

If someone dies during the conversion period from a group life policy to an individual life policy, the insurance company would be responsible for paying the claim.

During the conversion period, the individual policy has not yet been fully issued, so the individual policyholder is not yet responsible for paying premiums. The insurance company would be liable to pay the claim to the beneficiary.

Therefore, the correct answer is C. Insurance company.

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