What type of insurance requires no evidence of insurability upon conversion?

Group life insurance allows for the conversion of coverage without requiring evidence of insurability. This means that when a member of a group plan leaves the group—whether through termination of employment or another reason—they can convert their group policy to an individual policy without needing to provide medical proof that they are insurable. This feature is important because it provides individuals the opportunity to maintain life insurance coverage even if their health status has changed or if they would not qualify for individual coverage based on insurability requirements.

Term insurance, variable universal insurance, and whole life insurance typically come with their own underwriting processes when converting or purchasing additional policies. Such processes often require evidence of insurability to assess the risk profile of the applicant, especially if there has been a change in health since the original policy was issued. Thus, these types of insurance do not have the same advantageous conversion provisions as group life insurance.