What is a continuation option related to PMI policies for employees?

A continuation option in the context of Private Medical Insurance (PMI) policies for employees allows individuals to leave their employer’s group plan and continue their health benefits through a private policy. This feature is significant because it provides employees with the security of maintaining health coverage even after they separate from their employer, which can occur for various reasons such as resignation or redundancy. By offering this option, insurers ensure that individuals do not face a gap in their health insurance, which can lead to financial uncertainty or medical access issues.

This option is particularly beneficial for employees who might need to maintain continuity in terms of medical treatment or have ongoing healthcare needs that would be better served by continuing their existing policy rather than starting anew with a different plan. Such continuity can include keeping the same healthcare providers and benefits, which contributes to overall health stability.

While the other answer choices present different scenarios, none of them encapsulate the fundamental essence of a continuation option in PMI policies. The correct answer emphasizes the continuity and transition of benefits that the continuation option provides, safeguarding the individual's health insurance coverage and ensuring access to necessary medical care even after employment changes.