Definitions for "Conversion Policy"
Keywords:  fegli, eoi, northrop, former, grumman
An individual life or AD&D insurance policy to which you can transfer your Northrop Grumman basic and optional life insurance and/or basic and optional AD&D insurance after your employment ends. You do not have to provide evidence of insurability (EOI) for a conversion policy.
an individual health insurance policy that you may be able to get after
an individual health plan from the insurance company that covered your former group