Retirement and Other Insurance Concepts
If an employee's group life insurance coverage terminates due to termination of employment, what statutory conversion right is granted under TIC § 1131.108?
Answer and explanation
Answer: D. TIC § 1131.108 guarantees a 31-day window to convert group coverage to individual permanent life insurance without health evidence.Source: Texas Insurance Code Chapter 1131 — § 1131.108, 31-Day Conversion Right
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