Legal Question in Insurance Law in California

Group Life Insurance Portability

In 1989 I became a government employee and signed up for basic and AD&D life insurance + 3x pay (each.) At that time I was healthy. I have since become ''uninsurable'' and recently left my job and so I need to continue this policy paying out of my own pocket. Currently, I have been paying total premiums of $196.56 per year and the government has been paying $18.72 per year for these policies. There has been no break in coverage and adjustments have only been made due to age. According to the insurance company I will need to pay $979.20 per year to continue this policy. While I am grateful to have the opportunity to continue the coverage, I do not understand why the company can charge so much more. Why do the original terms of the contract no longer apply?


Asked on 5/02/06, 6:06 pm

1 Answer from Attorneys
Steven Murray Steven W. Murray, APC

Re: Group Life Insurance Portability

Conversion policies are usually higher priced, since you are no longer part of the "group." You will need to review the actual policy/contract to determine your rights.

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Answered on 5/04/06, 1:12 pm


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