Our Company’s Policy Has A Convertible Provision That Permits Me To Convert The Company’s Group Coverage To An Individual Policy When I Leave. However, The Individual Policy Is Watered Down With Weaker Coverage. Should I Take It Or Look For Another?
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UPDATED: Jul 15, 2021
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If you are able to qualify for new insurance, buy your own plan. If you have medical problems that may preclude you from getting other coverage, take the conversion plan.