Conversion of Coverage Sample Clauses

Conversion of Coverage. The life insurance may be converted from group coverage to private coverage upon termination of employment, or a dependent’s loss of eligibility for coverage under the plan. It is the sole responsibility of the employee to notify the County within thirty (30) days of a dependent’s loss of eligibility due to marriage or reaching the limiting age for coverage. Upon timely notification, a dependent losing coverage will be offered the opportunity to convert to an individual policy. Failure to notify the County within thirty (30) days of a dependent’s loss of eligibility shall result in loss of conversion privileges.
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Conversion of Coverage. A conversion option on the employee’s termination to be obtained without evidence of insurability and providing coverage up to the amount for which the employee was insured prior to termination. The premium of such policy shall be at the current rates of the insuring company. Application must be made within 31 days of the date of termination of insurance. The employer will advise terminating employees of this conversion privilege.
Conversion of Coverage. Eligible Dependents under this Policy have a right to a conversion to a new Policy upon:
Conversion of Coverage. Eligible Dependents under this Contract have a right to a conversion to a new Contract upon:
Conversion of Coverage. If you do not wish to continue coverage through the State System of Higher Education’s program, you will be able to enroll in a direct payment program for your medical coverage. Also, conversion is available to anyone who has elected continued coverage through COBRA and the term of that coverage has expired. If your coverage through the State System is discontinued for any reason, except as specified below, you may convert to a direct payment program. The conversion opportunity is not available if either of the following applies:  You are eligible for another group health care benefits program through your place of employment; or  When your employer’s program is terminated and replaced by another health care benefits program.
Conversion of Coverage. If, during the Policy Period, an Event occurs then coverage shall continue until the expiration of this policy but only with respect to Claims for Wrongful Acts occurring prior to, and Formal Investigations into conduct occurring prior to, such Event. If an Event occurs the entire premium for this policy shall be deemed fully earned unless otherwise agreed to by the Company. The Principal Organization shall give written notice of such Event to the Company as soon as practicable together with such information as the Company may require. Upon receipt by the Company of notice of an Event and at the request of the Any extension of cover purchased by the Principal Organization pursuant to this section shall commence at the expiration of the cover provided for in the first paragraph of this section. If an extension of cover is purchased pursuant to this section then the entire premium paid shall be deemed fully earned at the inception of the coverage extension and such extension cannot be cancelled by the Insureds or the Company.
Conversion of Coverage. If coverage of an insured under this certificate ends due to job termination or of the condition as member of the eligible class or classes for coverage under the certificate, he or she may be eligible to convert such insurance to an individual certificate issued by MCS Life without the need to show proof or evidence of insurability, and subject to the payment of corresponding premiums within a time period not to exceed thirty-one (31) days from the qualifying event. The benefits under the conversion certificate not necessarily will be the same benefits of this certificate but according to the individual conversion certificate chosen by the insured. The conversion certificate will be a reduced benefit plan. In addition, the insurer is not obliged to issue an individual certificate to cover a person with rights to receive similar benefits under any insurance coverage or under the Medicare program of the Social Security Act, as subsequently amended, if these benefits, jointly with those provided under the individual certificate result in over- Individuals Eligible for Conversion An insured is eligible for insurance conversion if:
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Conversion of Coverage. If, during the Policy Period, an Event occurs then coverage shall continue until the expiration of this policy but only with respect to Claims for Wrongful Acts occurring prior to, and Formal Investigations into conduct occurring prior to, such Event. If an Event occurs the entire premium for this policy shall be deemed fully earned unless otherwise agreed to by the Company. The Principal Organization shall give written notice of such Event to the Company as soon as practicable together with such information as the Company may require. Upon receipt by the Company of notice of an Event and at the request of the The construction and enforcement of the provisions of this policy shall be determined in accordance with and governed by the laws of India and any disputes in relation thereto shall be submitted to the exclusive jurisdiction of the courts in India.

Related to Conversion of Coverage

  • Continuation of Coverage If your coverage is terminated, you may be eligible to continue your coverage in accordance with state or federal law. Continuation of Coverage According to State Law In accordance with R.I. General Laws §. 27-19.1, if your employment is terminated due to one of the following reason, your healthcare coverage may be continued, provided that you continue to pay the applicable premiums. • Involuntary layoff or death; • The workplace ceasing to exist; or • Permanent reduction in size of the workforce. The period of this continuation will be for up to eighteen (18) months from your termination date, but not to exceed the period of continuous employment preceding termination with your employer. The continuation period will end for any person covered under your policy on the date the person becomes employed by another group and is eligible for benefits under that group’s plan.

  • Verification of Coverage Prior to beginning any work under this Agreement, Consultant shall furnish City with certificates of insurance and with original endorsements effecting coverage required herein. The certificates and endorsements for each insurance policy are to be signed by a person authorized by that insurer to bind coverage on its behalf. The City reserves the right to require complete, certified copies of all required insurance policies at any time.

  • Certificate of Insurance Contractor must provide a Certificate of Insurance form to the City of Sparks to evidence the insurance policies and coverage required of Contractor.

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