---
kind: "section"
citation: "5 C.F.R. § 892.206"
title: "5"
number: "892.206"
heading: "Can I cancel my waiver and participate in premium conversion?"
url: "https://uscodex.org/cfr/5/892.206"
---

# §892.206. Can I cancel my waiver and participate in premium conversion?


Yes, you may cancel a waiver and participate in premium conversion if:

- (a) You have a qualifying life event; the change in FEHB coverage is consistent with the qualifying life event; and you complete an election form to participate in premium conversion within 60 days after the qualifying life event; or
- (b) **You cancel your waiver during an open season, including an extended open season authorized by OPM.**

## Notes

### Authority

Authority: 5 U.S.C. 8913; 5 U.S.C. 1103(a)(7); 26 U.S.C. 125.

### Source

Source: 65 FR 44646, July 19, 2000, unless otherwise noted.