Common use of Conversion of Coverage Clause in Contracts

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.

Appears in 47 contracts

Samples: Agreement, Agreement, Agreement

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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 will result in loss of conversion privileges.

Appears in 4 contracts

Samples: Agreement, Retirement Plan, Retirement Plan

Conversion of Coverage. The life insurance may be converted from group coverage to private coverage upon termination of employment, or a dependent’s '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 '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 's loss of eligibility shall result in loss of conversion privileges.

Appears in 3 contracts

Samples: www.scmamgt.org, laborrelations.saccounty.gov, Service Employees

Conversion of Coverage. The life insurance may be converted from group coverage to private coverage upon termination of employment, or a dependent’s 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 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 dependent‘s loss of eligibility shall result in loss of conversion privileges.

Appears in 1 contract

Samples: Agreement

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Conversion of Coverage. The life insurance may be converted from group coverage to private coverage upon termination of employment, or a dependent’s 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 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 dependent‟s loss of eligibility shall result in loss of conversion privileges.

Appears in 1 contract

Samples: Agreement

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