58-17-2.2 Conversion privileges of insured's spouse upon divorce.
Conversion privileges of insured's spouse upon divorce.
No accident or health
insurance policy providing coverage of hospital or medical expense which in addition to covering
the insured also provides coverage to the spouse of the insured shall be issued without a provision
that provides that upon divorce of the insured and the insured's spouse, the spouse is entitled to have
issued to him or her, without evidence of insurability, upon application to the company within thirty
days following the eligibility, and upon payment of the appropriate premium, an individual policy
of accident or health insurance. Such policy shall provide the coverage then being issued by the
insurer which is most nearly similar to the existing coverages. This obligation can be met by
continuation of coverage for spouse under existing policy at the appropriate premium. Any and all
probationary or waiting periods set forth in such policy shall be considered as being met to the extent
coverage was in force under the prior policy.