Life insurance conversion
Your Life insurance is an essential part of your benefits plan. If you’re facing changes that will decrease or end your Life insurance due to a change in your employment, family or group policy status, you may have the option to ensure continued protection for you and your family.
Conversion options
You may be able to convert your Life insurance benefits to a Permanent Whole Life policy. You won’t have to answer any medical questions (if you apply within the timeframe in your Schedule of Benefits). You must apply within a short timeframe following your change. You often have only a certain number of days to apply to convert your Life insurance or your coverage will end.