An Employee Quits His Job And Converts His Group Policy To An Individual Policy

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An Employee Quits His Job And Converts His Group Policy To An Individual Policy

; the premium for the individual policy will be based on his AExperience Rating. BGroup rate. CInsurer's scheduled rate. DAttained age.
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D. Attained age If an employee terminates membership in the insured group, the employee has the right to convert to an individual whole life policy without proving insurability. The insurer will determine what type(s) of policy an employee may convert to, but it must be issued at a standard rate, based on the individual's attained age.
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