Reso 98-110 - Laserfiche WebLink

Home Browse Search

4. You and your mean any person insured under the Group Policy. C. Limits On Right To Convert If your Insurance ends or is reduced because of termination or amendment of the Group Policy, 1 and 2 below will apply. 1. You may not convert Insurance which has been in effect for less than the Minimum Time Insured. See Coverage Features. 2. The ml'lYimum amount you have a Right To Convert is the lesser of: a. The amount of your Insurance which ended, minus any other group life insurance for which you become eligible during the Conversion Period; and b. The Maximum Conversion Amount. See Coverage Features. D. The Individual Policy You may select any form of individual life insurance policy we issue to persons of your age, except: 1. A term insurance policy; 2. A umversallife policy; 3. A policy with disability, accidental death, or other additional benefits; or 4. A policy in an amount less than the minimum amount we issue for the form of life insurance you select. The individual policy of life insurance will become effective on the day after the end of the Conversion Period. We will use our published rates for standard risks to determine the premium. E. Death During The Conversion Period If you die during the Conversion Period, we will pay a death benefit equal to the maximum amount you had a Right To Convert, whether or not you applied for an individual policy. The benefit will be paid according to the Benefit Payment And Beneficiary ProvisiODS. U.RC.14 CLAIMS A. Filing A Claim Claims should be filed on our forms.lfwe do not provide our forms within 15 days after they are requested, the claim. may be submitted in a letter to us. B. Time Limits On Filing Proof Of Loss Proof Of Loss must be provided within 90 days after the date of the loss. If that is not possible, it must be provided as soon as reasonably possible, but not later than one year after that 9o-day period. Proof Of Loss for Waiver Of Premium must be provided within 12 months after the end of the Waiting Period. We will require further Proof Of Loss at reasonable intervals, but not more often than once a year after you have been continuously Totally Disabled for two years. IfProofOfLoss is filed outside these time limits, the claim will be denied. These limits will not apply while the Member or Beneficiary lacks legal capacity. C. ProofOfLoss Proof Of Loss means written proof that a loss occurred: 1. For which the Group Policy provides benefits; 2. Which is not subject to any exclusions; and Printed 4196 Revised 4/96 -14- SAMPLE U,AD&D, DU, Sup. U