41-2020. DEATH PENDING CONVERSION. The group life insurance policy shall contain a provision that if a person insured under the policy dies during the period within which he would have been entitled to have an individual policy issued to him in accordance with sections 41-2018 and 41-2019 and before such an individual policy shall have become effective, the amount of life insurance which he would have been entitled to have issued to him under such individual policy shall be payable as a claim under the group policy, whether or not application for the individual policy or the payment of the first premium therefor has been made.
History:
[41-2020, added 1961, ch. 330, sec. 485, p. 645.]
Structure Idaho Code
Chapter 20 - GROUP LIFE INSURANCE
Section 41-2001 - SCOPE OF CHAPTER — SHORT TITLE.
Section 41-2002 - GROUP CONTRACTS MUST MEET GROUP REQUIREMENTS.
Section 41-2003 - EMPLOYEE GROUPS.
Section 41-2004 - LABOR UNION GROUPS.
Section 41-2005 - DEBTOR GROUPS.
Section 41-2006 - PUBLIC EMPLOYEE GROUPS.
Section 41-2007 - TRUSTEE GROUPS.
Section 41-2008 - CREDIT UNION GROUPS.
Section 41-2009 - DEPENDENTS’ COVERAGE.
Section 41-2010 - PROVISIONS REQUIRED IN GROUP CONTRACTS.
Section 41-2011 - GRACE PERIOD.
Section 41-2012 - INCONTESTABILITY.
Section 41-2013 - APPLICATION — STATEMENTS DEEMED REPRESENTATIONS.
Section 41-2014 - INSURABILITY.
Section 41-2015 - MISSTATEMENT OF AGE.
Section 41-2016 - PAYMENT OF BENEFITS.
Section 41-2017 - CERTIFICATE.
Section 41-2018 - CONVERSION ON TERMINATION OF ELIGIBILITY.
Section 41-2019 - CONVERSION ON TERMINATION OF POLICY.
Section 41-2020 - DEATH PENDING CONVERSION.
Section 41-2021 - NOTICE AS TO CONVERSION RIGHT.
Section 41-2022 - READJUSTMENT OF PREMIUM.
Section 41-2023 - APPLICATION OF DIVIDENDS — RATE REDUCTIONS.