§ 58-53-35. Termination of continuation. - North Carolina Statutes

§58‑53‑35.  Termination of continuation.

(a)        Continuation ofinsurance under the group policy for any person shall terminate on the earliestof the following dates:

(1)        The date 18 monthsafter the date the employee's or member's insurance under the policy wouldotherwise have terminated because of termination of employment or members;

(2)        The date ending theperiod for which the employee or member last makes his required contribution,if he discontinues his contributions;

(3)        The date theemployee or member becomes or is eligible to become covered for similarbenefits under any arrangement of coverage for individuals in a group, whetherinsured or uninsured;

(4)        The date on whichthe group policy is terminated or, in the case of a multiple employer plan, thedate his employer terminates participation under the group master policy. Whenthis occurs the employee or member shall have the privilege described in G.S.58‑53‑45 if the date of termination precedes that on which hisactual continuation of insurance under that policy would have terminated. Theinsurer that insured the group before the date of termination shall make aconverted policy available to the employee or member.

(b)        Notwithstandingsubdivision (a)(4) of this section, if the employer replaces the group policywith another group policy, the employee is entitled to continue under thesuccessor group policy for any unexpired period of continuation to which theemployee is entitled. (1981, c. 706, s. 1; 1983, c. 142, s. 2; 1993, c. 529,s. 3.8; 1997‑259, s. 12.)