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Conversion of Group Term Life Insurance Aetna Life Insurance Company Application and payment of the first premium must be made within the time limit shown in your certificate or policy. BRIEF DESCRIPTION
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What is conversion of group term?
Conversion of group term refers to the process of converting a group insurance policy into an individual policy.
Who is required to file conversion of group term?
Employees who are no longer part of a group insurance policy are required to file for conversion of group term.
How to fill out conversion of group term?
Conversion of group term can typically be filled out online or through paperwork provided by the insurance company.
What is the purpose of conversion of group term?
The purpose of conversion of group term is to ensure that individuals maintain insurance coverage after leaving a group policy.
What information must be reported on conversion of group term?
Information such as personal details, current insurance coverage, and the policy being converted from must be reported on conversion of group term.
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