Can a group policy be converted to an individual policy?

A group policy can indeed be converted to an individual policy under certain circumstances, typically when an employee leaves the group or the group coverage is terminated. This conversion process allows individuals to maintain their insurance coverage without having to undergo additional medical underwriting, ensuring that they have a means to secure individual insurance when the group coverage ends.

The conversion option is designed to provide a safety net for members of a group plan, affording them the opportunity to continue their coverage even after they are no longer eligible for the group plan. This option is especially critical for those who may have health issues that could make obtaining new insurance difficult.

Certain conditions may apply in some situations, but as a general practice, group policies do allow for conversion to individual policies, emphasizing the importance of continuous coverage for individuals transitioning from group insurance.