12. PORTABILITY What is portable insurance and when are you eligible? Portable insurance is an optional benefit that you may elect to continue your insurance for each Insured up to the later of the day before you attain age 70 or 12 months from the date your portable insurance started if: · your insurance ends because you are no longer in an Eligible Class; or · your insurance ends because your class is no longer included for insurance; or · your insurance ends because you terminate employment; or · a revision is made to the Policy to reduce your amount of insurance; and · you meet the following requirements: · you reside in the United States or Canada; and · you have not exercised your portable insurance right under a similar certificate issued by us; and · your insurance is not being continued under any Insurance Continuation provision. You may not elect portable insurance for your Spouse or Dependent Children if you have not elected portable insurance for yourself. Your portable insurance will be provided under an insurance policy we make available for this purpose. Your portable insurance may not be identical to your current insurance under the Policy. When must you apply for portable insurance? You must complete an application for portable insurance and send it to us with payment of the first premium within 31 days of the date your insurance under the Policy terminates. The application for portable insurance and applicable rates are available from your Employer. What is the amount of portable insurance? You may apply for portable insurance in an amount up to 100% of each Insured’s remaining amount of insurance in force under the Policy on the date your insurance terminates. You may port to a lower amount of insurance if available. You cannot port to a higher amount of insurance. Your portable insurance policy will not provide any benefits beyond those described in the section of this Certificate titled Benefit Provisions. When you attain age 70, the amount of your portable insurance benefits will be reduced by 50%. When does your portable insurance start? After your insurance under the Policy terminates, your portable insurance will start on the later of the following: · the date we approve your application for portable insurance; or · the date we receive your first premium payment for portable insurance. If you are Diagnosed with a covered Critical Illness within 31 days after your insurance ends, but before you have applied to port, we will pay any benefits as if you had ported. However, you must pay any premium due. When is portable insurance available to your Spouse and when is your Spouse eligible? Portable Insurance is available for your Spouse up to the later of the day before you attain age 70 or 12 months from the date your portable insurance started if all of the following requirements are met: · you die or divorce your Spouse and your Spouse was Insured under the Policy at the time; · your Spouse resides in the United States or Canada. Your Spouse’s portable insurance will be provided under an insurance policy we make available for this purpose. Their portable insurance may not be identical to your current insurance under the Policy. 16-SD-C-01 Page35