A little-known benefit for employees
Do you have a group insurance plan through your employer? That’s great... but if you leave your job, you lose that coverage.
However, many group insurance plans offer a conversion clause that allows you to convert this group coverage into individual insurance. The main advantage of doing this is that no proof of health is required.
Conversion is easy, but you need to act fast. Once you’ve left your job, you have a limited period of time to request this conversion.
The period can vary, but often it’s 31 days. So it's crucial to contact your insurer or former employer as soon as possible to get the ball rolling.
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