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

Wyoming Statutes

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

Wyoming § 26-17-119

Title 26Insurance Code

Ch. 17GROUP LIFE INSURANCE

This text of Wyoming § 26-17-119 (Conversion on termination of policy) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 26-17-119 (2026).

Text

(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 a

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(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(ii) Repealed by Laws 1990, ch. 3, §§ 2, 3.