Conversion is the group term life feature which permits an individual to depart from the group and continue to be covered without providing evidence of insurability.
This privilege allows an employee to jump to individual life insurance policy from group life insurance policy, without worrying about another medical exam or any such approval process.
In a conversion privilege, the insurer needs to update or renew the policy, not taking into consideration, the health of the insured. It also guarantees to the insured, some premium payments as well as a coverage, for a certain number of years, regardless of whatever his health status is.
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