41-2020 — DEATH PENDING CONVERSION
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TITLE 41
INSURANCE
CHAPTER 20
GROUP LIFE INSURANCE
41-2020. DEATH PENDING CONVERSION. The group life insurance policy shall
contain a provision that if a person insured under the policy dies during the
period within which he would have been entitled to have an individual policy
issued to him in accordance with sections 41-2018 and 41-2019 and before such
an individual policy shall have become effective, the amount of life insurance
which he would have been entitled to have issued to him under such individual
policy shall be payable as a claim under the group policy, whether or not
application for the individual policy or the payment of the first premium
therefor has been made.