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Which of the following types of policy conversion is allowed without evidence of insurability?

A. Conversion to a flexible premium policy
B. Conversion from a term life policy to a whole life plan
C. An absolute conversion
D. Conversion from a whole life policy to a term life plan

User Rubeonline
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1 Answer

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Final answer:

Conversion from a term life policy to a whole life plan is allowed without evidence of insurability, providing continuous coverage despite health changes.

Step-by-step explanation:

The type of policy conversion that is allowed without evidence of insurability is B. Conversion from a term life policy to a whole life plan. This means that an individual with a term life insurance policy can convert their coverage to a permanent whole life policy without having to prove that they are still in good health. This option is typically built into term policies and is known as a term conversion or conversion privilege, allowing the policyholder to maintain continuous coverage despite health changes that could otherwise make them uninsurable.

User Lwiseman
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