State RegulationsNY specificDifficulty 1/5
A group life insured in New York applies to convert his coverage to an individual policy after leaving the group. What must he submit to the insurer with the application?
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
Under N.Y. Ins. Law §3220(a)(6) and (a)(8), converting group life coverage to an individual policy is a statutory right that requires no evidence of insurability — the insured converts regardless of health, and the death benefit available on conversion is the initial amount rather than the product of new underwriting. The insurer cannot add medical or employer-consent conditions to that right.
Why the other options are wrong
- B) No medical examination or other evidence of insurability may be required for the statutory conversion right under §3220.
- C) Proof of continuous employment is not a condition the statute imposes on conversion.
- D) The former employer's approval is irrelevant; the conversion privilege runs directly against the insurer under §3220.
Memory hook
Convert without a checkup — the right is guaranteed.