What Does Portability Mean With Life Insurance? 
Not much really . On an individual life policy there is n't an issue of portability as the individual owns the policy and the policy goes where ever the individual goes . With a group policy , there usually is a provision that allows an individual the opportunity to `` convert '' their group policy to an individual policy and have it become their personal property . Where this may be important is if the individual has serious health conditions and the carve out of an individual plan out of the group plan makes sense in terms of cost or even availability . 