Question 10005 of 316 · California Life-Only Agent Exam
A group conversion privilege allows an employee who leaves the employer to
Exactly one answer is correct.
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Correct answer to question 10005
- D: convert to an individual policy without proof of insurability
Explanation
The employee must apply and pay the first premium within 31 days after termination, and may choose any individual life form other than term insurance.
More questions: Group Life Insurance Plans
- 10006How many days after termination of employment does a person generally have to apply for conversion of group life insurance in California?
- 10007Which employer responsibility applies to group life insurance?
- 10008Non-discrimination within a class of employees means that group life benefits
- 10009Blanket life insurance covers
- 10010Which of the following can be insured under group life with the employee's coverage?
- 10011An association group plan cannot be formed