Common use of Replacement Coverage Clause in Contracts

Replacement Coverage. If this Contract replaces prior Group coverage within sixty (60) days of the date of termination of prior coverage, BCI will immediately cover all employees and dependents validly covered under the prior coverage at the date of termination who meet BCI’s eligibility requirements and who would otherwise be eligible for coverage under this Contract, regardless of any exclusions or limitations relating to active employment or nonconfinement.