New York Child Abuse Identification and Reporting Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the New York Child Abuse Identification and Reporting Exam. Use flashcards and multiple choice questions, each with hints and explanations. Get exam ready now!

Practice this question and more.


Which scenario typically allows for group conversion?

  1. Moving to a different state

  2. Change of employment

  3. Retirement from a company

  4. Death of a policyholder

The correct answer is: Retirement from a company

Group conversion typically refers to the process by which individuals covered under a group insurance policy can convert their coverage to an individual policy under specific circumstances. Retirement from a company is a common scenario that allows for this conversion. When an employee retires, they often lose their eligibility for the group health insurance plan provided by their employer. As a result, many employers offer the opportunity for retirees to convert their group coverage into an individual plan, ensuring they can maintain their health insurance even after leaving their job. This option is particularly relevant as it addresses the continuity of coverage for individuals who may no longer have access to employer-sponsored insurance due to retirement. On the other hand, scenarios such as moving to a different state, changing employment, or the death of a policyholder may have different implications regarding insurance coverage but are not standard triggers for the group conversion process in the same way that retirement is.