Coverage Question

[cob]

Hypothetical scenario: someone has life insurance coverage via their job and then goes on leave of absence for a month. During that month the company covers the employee's benefits for two weeks but not after that period. The employee subsequently decides to leave the company. After the benefits stop the employee is give a 31 day grace period to pay the premium or convert to another policy. Now before the employee has a chance to pay the premium he/she is struck by a car and dies. Is it a clear cut situation what happens next? More specifically is the carrier that the employee had coverage through required to pay the policy benefit even though the benefit wasn't paid because of the accident?

 

[LGilmore]

What does the policy say? There will be a section that covers this. That's what will determine things.