The converted policy shall not exclude a preexisting condition not excluded by the group policy. However, the converted policy may provide that any hospital, surgical or medical benefits payable under the policy may be reduced by the amount of the benefits payable under the group policy after the termination of the individual's insurance under the group policy. The converted policy may also include provisions so that during the first policy year the benefits payable under the converted policy, together with the benefits payable under the group policy, shall not exceed those that would have been payable had the individual's insurance under the group policy remained in force and effect.
Structure 2021 Tennessee Code
Chapter 7 - Policies and Policyholders
Part 23 - Mandated Insurer or Plan Coverage
§ 56-7-2304. Continuation of Coverage on Group Contracts
§ 56-7-2306. Group Life Insurance — Prior Policies Unaffected
§ 56-7-2307. Provisions and Conditions Required in Life Insurance Policies
§ 56-7-2308. Provisions and Conditions Prohibited in Life Insurance Policies
§ 56-7-2310. Character of Life Insurance Policies to Be Printed or Stamped Thereon
§ 56-7-2313. Converted Policy — Conditions
§ 56-7-2314. Conditions Exempting Insurer From Conversion Requirement
§ 56-7-2316. Ceiling on Converted Policy Benefits
§ 56-7-2319. Optional Election of Retirement Conversion Rights
§ 56-7-2321. Provision of Group Coverage in Lieu of Converted Individual Coverage
§ 56-7-2322. Notice of Conversion Privilege
§ 56-7-2323. Reduction of Benefits for School Insurance Benefits Prohibited
§ 56-7-2324. Student Accident Coverage — Benefit Reduction Restricted
§ 56-7-2325. Medical Accident Insurance Issued to School Children — Coverage
§ 56-7-2326. Coverage for Prescription Eye Drops — Refills
§ 56-7-2351. Pregnancy and Maternity Benefits — Termination of Coverage