The conversion period

• The conversion period is the time between leaving the group policy and the end of the eligibility to convert. Different group structures have different periods. For instance, the SGLI conversion period is 180 days after leaving the service, while other polices might be as little as 31 days.
  
  

Conversion Time Frame

• An individual may convert the policy as early as the day after the group policy ceases coverage.
  
  

Insured and Dependents Conversion

• Any insured whose current group policy is in good standing can convert. Dependents may convert to their own individual policy if either the policyholder or the dependent are no longer part of the group policy. Both the insured and the dependent must complete their own applications. Pre-existing conditions or the health of the individual do not affect the right to portate the policy.
  
  

Total Conversion Amount

• In general, you can match the amount of coverage under the group plan under the individual plan. Individuals may choose less if they desire.
  
  

Applying for Conversion

• Contact the insurance company you wish to apply to and ask for their conversion application. Fill out the application, choosing the amount that you desire to convert. Be sure to have the holder of the group life insurance (the former employer) fill out the "Notice of Right to Convert" in the application. Provide the paperwork to the insurance company along with any premium they may require.