Question

In order to qualify for conversion from a group life policy that has been terminated to an individual policy of the same coverage, a person must have been insured under the group plan for how many years?

A - 1
B - 3
C - 5
D - 10

Answer 1

To qualify for conversion from a terminated group life policy to an individual policy, a person must have been insured under the group plan for at least 5 years.

Step-by-step explanation:

To qualify for the conversion from a terminated group life policy to an individual policy of the same coverage, the person must have been insured under the group plan for at least 5 years.

This requirement ensures that the individual has had a sufficient duration of coverage under the group plan before transitioning to an individual policy.