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German to English translations [PRO]
Bus/Financial - Insurance / insurance | | German term or phrase: Übertrittsrecht | General term occurring in a list for an insurance policy;used in conjunction with causes for terminatin (Beendigungsgründe) and Eintrittsrecht, necessarily out of context. Sorry.
Harold |
| xxxVadneyKudoZ activityQuestions: 1489 ( 2 open) ( 8 without valid answers) ( 5 closed without grading) Answers: 4
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| | conversion right | Explanation:
Conversion
Your Federal Employees’ Group Life Insurance (FEGLI) coverage as an employee will end when you resign from your position, complete 12 months in a nonpay status, or retire.
If you decide that you still need life insurance coverage, you may want to consider converting your FEGLI coverage to a non-group, individual policy. You will not have to get a physical exam. You may wish to convert your life insurance coverage if you do not
qualify to carry it into retirement or compensation. But even if you do qualify, you may still wish to consider conversion instead. For example, you may wish to convert to avoid the mandatory reduction in Option A that starts when you are age 65 and retired. You may
wish to continue Basic into retirement (if you qualify) and convert only some or all of your Optional insurance. The choice is yours.
Uebertrittsrecht in Einzelversicherung
à 3 Monate ab Erhalt der schriftlichen Mitteilung. ...
www.bboxbbs.ch/home/optifun/hkg/personal/krankenversicherun... |
| Selected response from:
  Johanna Timm, PhD
Canada
Local time: 01:29
| Grading comment | 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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13 mins confidence:  
37 mins confidence: peer agreement (net): +3 conversion right
Explanation:
Conversion
Your Federal Employees’ Group Life Insurance (FEGLI) coverage as an employee will end when you resign from your position, complete 12 months in a nonpay status, or retire.
If you decide that you still need life insurance coverage, you may want to consider converting your FEGLI coverage to a non-group, individual policy. You will not have to get a physical exam. You may wish to convert your life insurance coverage if you do not
qualify to carry it into retirement or compensation. But even if you do qualify, you may still wish to consider conversion instead. For example, you may wish to convert to avoid the mandatory reduction in Option A that starts when you are age 65 and retired. You may
wish to continue Basic into retirement (if you qualify) and convert only some or all of your Optional insurance. The choice is yours.
Uebertrittsrecht in Einzelversicherung
à 3 Monate ab Erhalt der schriftlichen Mitteilung. ...
www.bboxbbs.ch/home/optifun/hkg/personal/krankenversicherun...
Reference: http://www.opm.gov/insure/life/fegli99/federal/booklet/page1...
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The translation workplace 
