Life Details | Other Features
Conversion
Conversion rights provide an Insured the option to convert group life insurance coverage to any type of individual level premium whole life plan(s) in use by Unum or another insurance company which has agreed to issue conversion policies according to this conversion right. Please refer to the provisions below for additional details. Right to Convert You may convert all or part of an Insured's life insurance coverage to an individual level premium whole life policy without submitting Evidence of Insurability when an Insured's life insurance coverage reduces or ends due to a Qualifying Event. For purposes of this provision, Qualifying Event means: - you cease to be in an Eligible Group; - your employment ends; - your continuation of coverage, if any, ends; - your portability coverage, if any, ends; - the group policy ends; - the policy is changed to end life insurance for the Eligible Group to which you belong; or - your life insurance coverage is reduced: - on or after you reach a certain age; - on or after your Spouse or Child reaches a certain age; - because you change from one eligible class to another; - due to a change made by the Employer to the policy. Your Spouse may convert their life insurance coverage if it ends because your Spouse no longer meets the definition of a Spouse. Your Children may convert their life insurance coverage if it ends because your Children no longer meet the definition of Children. Life insurance coverage for any Insured cannot be converted if coverage was terminated due to non-payment of premium. Applying for Conversion - because you change from one eligible class to another; - due to a change made by the Employer to the policy; or - your Spouse or Children's life insurance coverage is reduced: You must apply to convert coverage within the Conversion Application Period. The first premium payment for converted coverage is due at the time you submit the conversion application. For purposes of this provision, Conversion Application Period means the 31 day period after the date of any Qualifying Event. Applications for conversion, which include cost information, are available from the Employer, from us, or online at services.unum.com . Notice of Right to Convert Your Employer must notify you of your Right to Convert all or part of an Insured's life insurance coverage within 15 days from the end of the Conversion Application Period. If your Employer does not notify you within those 15 days, the time allowed for you to exercise an Insured's Right to Convert will be extended for 15 days from the date you are notified. In no event will the time allowed for you to exercise an Insured's Right to Convert be extended beyond 60 days from the end of the Conversion Application Period. Life Insurance Coverage that can be Converted Except as limited under Limits on Right to Convert, the maximum amounts that you can convert may not exceed the Insured's life insurance coverage lost under this certificate
UA-GTLC21-1
Group Life and Accidental Death and Dismemberment Certificate
(1/1/2025) 9
Unum Life Insurance Company of America
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