Term 1 (conversion from group insurance into individual insurance)

Description

  • T1 convertible and non renewable

Premium

  • One year payable premium

End of coverage

  • After one year

Cash values

  • No

Conversion option

  • Yes*

*Can be converted within the year into a guaranteed whole life insurance, a term to age 65 or any permanent insurance product authorized by the company for group conversion and without evidence of insurability.