{"id":57860,"date":"2020-11-20T06:56:57","date_gmt":"2020-11-20T06:56:57","guid":{"rendered":"https:\/\/www.healthbenefitstimes.com\/glossary\/?p=57860"},"modified":"2021-02-03T06:27:48","modified_gmt":"2021-02-03T06:27:48","slug":"conversion-privileges","status":"publish","type":"post","link":"https:\/\/www.healthbenefitstimes.com\/glossary\/conversion-privileges\/","title":{"rendered":"Conversion privileges"},"content":{"rendered":"<p>A feature or clause of an insurance plan that allows an insured to change from one type of policy to another as circumstances in life or insurance needs change.<\/p>\n<hr \/>\n<p>In group health insurance, the right given the insured to change his group insurance to some form of individual insurance, without medical examination, upon termination of his group insurance (usually upon termination of employment or other source of membership in the group). Group insurance does not always offer a conversion privilege and, when it does, the available individual insurance is generally not of comparable scope of benefits or cost (usually being more expensive).<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A feature or clause of an insurance plan that allows an insured to change from one type of policy to another as circumstances in life or insurance needs change. In group health insurance, the right given the insured to change his group insurance to some form of individual insurance, without medical examination, upon termination of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-57860","post","type-post","status-publish","format-standard","hentry","category-c"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Conversion privileges - Definition of Conversion privileges<\/title>\n<meta name=\"description\" content=\"A feature or clause of an insurance plan that allows an insured to change from one type of policy to another as circumstances in life or insurance needs change.In group health insurance, the right given the insured to change his group insurance to some form of individual insurance, without medical examination, upon termination of his group insurance (usually upon termination of employment or other source of membership in the group). Group insurance does not always offer a conversion privilege and, when it does, the available individual insurance is generally not of comparable scope of benefits or cost (usually being more expensive).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.healthbenefitstimes.com\/glossary\/conversion-privileges\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Conversion privileges - Definition of Conversion privileges\" \/>\n<meta property=\"og:description\" content=\"A feature or clause of an insurance plan that allows an insured to change from one type of policy to another as circumstances in life or insurance needs change.In group health insurance, the right given the insured to change his group insurance to some form of individual insurance, without medical examination, upon termination of his group insurance (usually upon termination of employment or other source of membership in the group). 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