Equitable Life policyholders can convert their term plans, without evidence of insurability, to any permanent plan issued by the company at the time the application for conversion is made. Current plans include Equimax participating whole life, Equation Generation® IV and EquiLife® universal life plans. Conversion is subject to plan minimums, current rates and other conditions provided in the policy contract. While exceptions have been made, effective October 2, 2015, term plans may no longer be converted to old plans and rates. Questions? Please contact your Regional Service Representative.