1. (a) An employee, member, or dependent electing conversion must make written election for the conversion policy and pay the first premium to the insurer not later than 31 days after the termination of insurance under the group policy. The effective date of the converted policy shall be the day following the termination of insurance under the group policy.
2. (b) An employee, member, or dependent electing continuation must make a written election and pay the first premium to the employer/group policyholder not later than 31 days after the later of the date of the termination of insurance under the group policy or the date the employee is given notice as required by §3.506 of this title (relating to Notification Requirement of Insurers and Employer/Group Policy Holder). Subsequent premiums shall be payable in advance to the employer/group policyholder on a monthly basis.
3. (c) Each employee, member, or dependent shall have the right to elect continuation or conversion, and such election shall not be contingent upon an identical election of any other family member.

Source Note:The provisions of this §3.507 adopted to be effective December 30, 1993, 18 TexReg 9759; amended to be effective July 3, 1996, 21 TexReg 5857.