78603038.2-3323Virginia Decodedhttps://vacode.org2016InsuranceLife Insurance PoliciesGroup Life Insurance PoliciesGroup life insurance coverages of spouses, dependent children, and other persons1960, c. 272, § 38.1-472.1; 1976, c. 111; 1980, c. 110; 1984, c. 364; 1985, c. 28; 1986, c. 562; 1995, c. 259; 1998, c. 154; 2010, cc. 227, 374; 2012, cc. 476, 507.http://law.lis.virginia.gov/vacode/38.2-3323/38.2-3318.1Group life insurance requirements/38.2-3318.1/38.2-3331Individual certificates/38.2-3331//38.2-3323/38.2/33/2/38.2-332338.2-333238.2-3333

Coverage under a group life insurance policy, except a policy issued pursuant to § 38.2-3318.1 B, may be extended to insure:section

A

AA1

The spouse and any child who is under the age of 19 years or who is a dependent and a full-time student under 25 years of age, or any class of spouses and dependent children, of each insured group member who so elects; andsection

A

1

A1A12

Any other person in whom the insured group member has an insurable interest as defined in §§ 38.2-301 and 38.2-302 as may mutually be agreed upon by the insurer and the group policyholder.The amount of insurance on the life of a spouse, child, or other person shall not exceed the amount of insurance for which the insured group member is eligible.section

A

2

A2A22

A spouse insured under this section shall have the same conversion right to the insurance on his or her life as the insured group member.section

B

BB1

section

C

CC1

section

D

DD1

1. Upon termination of such group coverage of a child, the child shall be entitled to have issued to him by the insurer, without evidence of insurability, an individual life insurance policy without disability or other supplementary benefits, if:section

E

EE1

An application for the individual policy is made, and the first premium paid to the insurer, within 31 days after such termination; andsection

E

a

EaEa2

The individual policy, at the option of such person, is on any one of the forms then customarily issued by the insurer at the age and for the amount applied for, except that the group policy may exclude the option to elect term insurance;section

E

b

EbEb2

The individual policy is in an amount not in excess of the amount of life insurance which ceases because of such termination, less the amount of any life insurance for which such person becomes eligible under the same or any other group policy within 31 days after such termination, provided that any amount of insurance which has matured on or before the date of such termination as an endowment payable to the person insured, whether in one sum or in installments or in the form of an annuity, shall not, for the purposes of this provision, be included in the amount which is considered to cease because of such termination; andsection

E

c

EcEc2

section

E

d

EdEd2

Subject to the same conditions set forth above, the conversion privilege shall be available (i) to a surviving dependent, if any, at the death of the group member, with respect to the coverage under the group policy which terminates by reason of such death, and (ii) to the dependent of the group member upon termination of coverage of the dependent, while the group member remains insured under the group policy, by reason of the dependent ceasing to be a qualified family member under the group policy.section

E

d

2

Ed2Ed23