5 C.F.R. § 870.601 Termination of Basic insurance.
Title 5 - Administrative Personnel
(a) Except as provided in §870.701, the Basic insurance of an insured employee stops on the date he/she separates from service, subject to a 31–day extension of coverage. (b) The Basic insurance of an employee who separates from service after meeting the requirement for an immediate annuity under §842.204(a)(1) of this title and who postpones receiving the annuity, as provided by §842.204(c) of this title, stops on the date he/she separates from service, subject to a 31–day extension of coverage. (c) The Basic insurance of an insured employee who moves without a break in service to a position in which he/she is excluded from life insurance stops on his/her last day in the former position, subject to a 31–day extension of coverage. (d)(1) Except as provided in §870.701, the Basic insurance of an insured employee who is in nonpay status stops on the date the employee completes 12 months in nonpay status, subject to a 31–day extension of coverage. The 12 months' nonpay status may be broken by periods of less than 4 consecutive months in pay status. If an employee has at least 4 consecutive months in pay status after a period of nonpay status, he/she is entitled to begin the 12 months' continuation of Basic insurance again. If an employee has used up his/her 12 months' continuation in nonpay status and returns to duty for less than 4 consecutive months, his/her Basic insurance stops on the 32nd day after the last day of the last pay period in pay status. (2) For the purpose of paragraph (d)(1) of this section, 4 consecutive months in pay status means any 4–month period during which the employee is in pay status for at least part of each pay period. (3) For the purpose of paragraph (d)(1) of this section, an individual who is entitled to benefits under part 353 of this chapter is considered to be an employee in nonpay status. (e) Except for employees, annuitants, and compensationers who elect direct payment as provided in §870.405 of this part, Basic insurance stops, subject to a 31-day extension of coverage, at the end of the pay period in which the employing office or retirement system determines that an individual's periodic pay, annuity, or compensation, after all other deductions, is not enough to cover the full cost of Basic insurance. [62 FR 48731, Sept. 17, 1997, as amended at 64 FR 72463, Dec. 28, 1999]
Title 5: Administrative Personnel
PART 870—FEDERAL EMPLOYEES' GROUP LIFE INSURANCE PROGRAM
Subpart F—Termination and Conversion
§ 870.601 Termination of Basic insurance.
