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In Business / College | 2025-07-08

Converting a group plan to permanent life insurance requires:
A. submitting proof of insurability
B. converting to term life insurance
C. paying a lower premium
D. the conversion being applied for within 31 days of termination

Asked by titus280

Answer (2)

Converting a group plan to permanent life insurance requires applying for the conversion within 31 days of termination. Proof of insurability may also be required under certain conditions. It is not about converting to term life insurance or paying lower premiums. ;

Answered by GinnyAnswer | 2025-07-08

To convert a group life insurance plan to permanent life insurance, you must apply for the conversion within 31 days of the group's termination. Proof of insurability might be required in certain situations, but it does not involve converting to term life insurance. Be prepared for higher premiums associated with permanent life insurance.
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Answered by Anonymous | 2025-07-14

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