Common use of Conversion Benefit Clause in Contracts

Conversion Benefit. There is a conversion privilege which gives an individual--on termination of his insurance under the policy--the right, under certain stated conditions, to continue his life insurance protection under an individual policy.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Conversion Benefit. There is a conversion privilege which gives an individual--individual -- on termination of his insurance under the policy--policy -- the right, under certain stated conditions, to continue his life insurance protection under an individual policy.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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