1. A Nebraska group life policy must give the policyholder a grace period for premiums after the first of:

31 days

Neb. Rev. Stat. 44-1607(1) requires a thirty-one-day grace period for any premium except the first, during which death benefit coverage continues.

2. An employee leaves a job covered by Nebraska group life insurance. To convert to an individual policy without evidence of insurability, the employee must apply and pay the first premium within:

31 days of termination

Neb. Rev. Stat. 44-1607(8) grants conversion without evidence of insurability if application and first premium are made within thirty-one days after termination.

3. When a Nebraska group life plan itself terminates, a covered person insured for at least five years may convert, but the insurer may limit the new policy to the smaller of the lost coverage or:

$10,000

Neb. Rev. Stat. 44-1607(9) gives persons insured at least five years a conversion right on plan termination, which may be limited to the lesser of the lost coverage (less other group coverage) and $10,000.

4. A Nebraska group life insured was not told about the conversion right at least 15 days before the period ended. The additional period to convert can never extend beyond how long after the original period expires?

60 days

Neb. Rev. Stat. 44-1613 gives an extra period ending fifteen days after notice is given, but never more than sixty days after the original period expires.