Break Up of a Small Group to Indiv

SamIam

Guru
1000 Post Club
1,237
This guy I spoke to a couple of days ago just signed up on a group plan for him and his 17 employees. I gave him a suggestion of next year on his renewal to break it up and go to individual. He called me up today and wants to do it for next month. I don't sell groups but can he cancel his plan after two months I assume you can but is their anything I should be aware of or he should be aware of.
 
It is ok assuming the plan is not a self-funded. Technically he can early cancel a self-funded plan, but would be assuming runout risk.
 

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