§ 26-17-119 — Conversion on termination of policy

(a) If the group policy terminates or is amended to
terminate the insurance of any class of insured persons, any
person insured thereunder at the date of the termination whose
insurance terminates, including the insured dependent of a
covered person, which insured or insured dependent has been so
insured for at least three (3) years prior to the termination
date is entitled to have issued to him by the insurer an
individual life insurance policy, subject to the same conditions
provided by W.S. 26-17-118, except that the group policy shall
provide that the amount of the individual policy is the amount
of the person's life insurance protection ceasing because of the
termination or amendment of the group policy, less the amount of
any life insurance for which he is or becomes eligible under any
group policy issued or reinstated by the same or another insurer
within thirty-one (31) days after the termination.
(i) Deleted by Laws 1990, ch. 3, § 2.
(ii) Repealed by Laws 1990, ch. 3, §§ 2, 3.