Content Overview
- Summary
- Eligibility
- Probation Period
- Pre-Existing Condition Provisions
- Total Disability Definition
- Elimination Period
- Offsets
- Benefit
- Survivor Benefit
- Partial Disability Or Residual Benefit
- Recurring Disabilities Provision
- Maximum Benefit Period
- Mental And Nervous Limitation
- Other Exclusions And Limitations
- Rehabilitative Training Or Employment
- Waiver Of Premium
- Conversion Privilege
- Insurance Company Financial Situation
- Income Taxability Of Disability Insurance Benefits
Disability Insurance: Long Term: Group
Conversion Privilege
Next » « Previous17/19
A few Long Term Disability plans will allow conversion to an individual plan if you leave the group
Like most conversion plans, enrollment must be within a limited period of time after losing the group coverage. For example, the plan may require that it must be converted within 31 days of losing the group coverage.
You will not receive the same plan you had with the group. However, the benefits are generally at the same level they would have been if you had become disabled under the group plan.
Get Your Personal Guide
Please share how this information is useful to you. 0 Comments
Post a Comment Have something to add to this topic? Contact Us.