Life Insurance Conversion Options

Group Life Insurance coverage ending? We can help.

At Prudential, we know that losing your group life insurance protection can be stressful. We want your transition period from group to individual life insurance to be as simple and seamless as possible.

To assist you through this transition, we offer options that can help provide the life insurance protection you and your loved ones need. Depending on the terms of the group life insurance certificate you're replacing, you may be eligible for one or both of these options. Your plan may offer additional options beyond those listed here. Please check with your employer for more information.

Convert your existing group life insurance coverage Convert your existing group life insurance coverage
By converting your certificate to an individual policy, you'll continue to receive coverage without the need for a physical examination. To learn more click link above.
By converting your certificate to an individual policy, you'll continue to receive coverage without the need for a physical examination. Even if you are seriously ill or have a pre-existing medical condition, you can still convert your life insurance coverage.

Converting is a simple process. You just need to apply for conversion to an individual policy within 31 days after the date your group coverage terminates.

Here are the steps you need to take in order to convert your coverage:

Step 1: Obtain your Notice of Group Life Conversion Privilege Form.

Your employer should provide this form to you upon termination. The form states the amount of coverage you-and if applicable, your spouse and dependents-are eligible to convert. If you do not have this form, contact your former employer or benefits administrator.

Step 2: Calculate the premium for the conversion policy.

  • Calculate the premium using one of these rate tables:
    > Rate table for everyone except Florida residents
    > Rate table for Florida residents only
  • Call a customer service professional at 877-889-2070, Monday through Friday, 8:00 a.m. to 8:00 p.m., Eastern time, to obtain the premium amount.

Step 3: Obtain an Application for Conversion of Group Life Insurance.

  • Download the application here, or
  • Call a customer service professional at 877-889-2070, Monday through Friday, 8:00 a.m. to 8:00 p.m., Eastern time, to request one.

Step 4: Sign your Notice of Group Life Conversion Privilege Form, complete and sign the Application for Conversion of Group Life Insurance, and include a check for the first month's premium. Send your completed documents and payment to the address listed on the right.

Mail your completed documents and payment to:

The Prudential Insurance Company of America
Prudential/Group Life Conversions
P.O. Box 70180
Philadelphia, PA 19176



If you have any questions regarding converting your existing group life insurance coverage, call a Customer Service Professional at 877-889-2070, Monday through Friday, 8:00 a.m. to 8:00 p.m., Eastern time.

If you reside in Canada, please contact Manion Wilkins & Associates, Ltd. for rate and product information and an application for coverage.

Manion Wilkins & Associates Ltd.
21 Four Seasons Place, Suite 500
Etobicoke ON M9B 0A5

Phone: 1-877-242-8632, then press #1
Fax: 1-416-234-0127


Apply for new individual life insurance coverage Apply for new individual life insurance coverage
This option differs from conversion in that you apply for a new life insurance policy and may be required to provide satisfactory proof of good health, but you can have more product options available. To learn more click link above.

This option gives you the opportunity to apply for different product types, additional coverage amounts, and possibly lower premiums. You can apply for a new individual life insurance policy in one of three ways:


 


Over the Phone

To apply for a new individual life insurance policy over the phone, simply call 877-504-9112, Monday through Thursday, 9:00 a.m. to 7:00 p.m., Eastern time, and Friday, 9:00 a.m. to 6:00 p.m., Eastern time, and a licensed Prudential employee will help you apply for a new life insurance policy over the phone.

In most cases, you will need to take a medical exam, which can be scheduled at your convenience and done in your home.

Set up an Appointment

If you'd like to set up an appointment with a Prudential financial professional in your area, click here and follow the instructions. A Prudential financial professional will contact you within 48 hours.

In most cases, you will need to take a medical exam, which can be scheduled at your convenience and done in your home.

Over the Internet - Apply for simplified issued term life (this is the only product available over the internet). This product, My Term, is issued by Pruco Life Insurance Company except in New York and New Jersey, where it is issued by Pruco Life Insurance Company of New Jersey. My Term Contract Number PFT-2007.

To conveniently apply for My Term, a simplified issued term life insurance policy online, click here.

*A medical exam is not required. Generally, products that do not require a medical exam may have higher premiums than those that do require an exam.



If you apply for an individual policy during the conversion period and do not apply to convert your group coverage during this time, should you be denied coverage for the individual policy and the conversion period has ended, you will no longer have the right to apply for a conversion policy.

If you apply for an individual policy after expiration of your right to convert your group coverage and you are denied the individual policy, a conversion policy will not be issued.