An employee covered under a NY group life policy is terminated. Under NY Ins. Law §§ 4216-4221, the conversion right allows the former employee to:

Why this is the answer

NY group life statutes (§§ 4216-4221) require an individual conversion right when group coverage ends. Within 31 days of termination, the certificate-holder may elect an individual policy without proving insurability; the form is typically a level-premium permanent policy (whole life or similar). The premium is the insurer's standard rate for the insured's attained age and class — not the original group rate, which was experience-based on the entire group. Group coverage does not continue indefinitely after termination, and there is no NY-mandated premium refund on conversion. Death within the 31-day conversion window is generally covered by the prior group certificate.