Get the free College Insurance Program Dependent Beneficiary Group Insurance Form - state il

This form is used for initial enrollment of a Dependent Beneficiary into the College Insurance Program (CIP) and to make changes during the annual Benefit Choice Period.

How to fill out college insurance program dependent

How to fill out College Insurance Program Dependent Beneficiary Group Insurance Form

1. Obtain the College Insurance Program Dependent Beneficiary Group Insurance Form from the institution's website or office.
2. Read the instructions carefully on the form to understand the requirements.
3. Fill out the personal information section, including your name, date of birth, and contact details.
4. Provide the details of your dependents, such as their names, dates of birth, and relationship to you.
5. Indicate the type of coverage you are applying for and any specific benefits.
6. Review the beneficiary designation section and fill it out accurately.
7. Sign and date the form to validate the information provided.
8. Submit the completed form to the designated office for processing, ensuring you keep a copy for your records.

Who needs College Insurance Program Dependent Beneficiary Group Insurance Form?

1. Students enrolled in the College Insurance Program who have dependents and want to secure insurance coverage for them.
2. Individuals who want to ensure their dependents are beneficiaries in case of any unforeseen events.

People Also Ask about

How to change beneficiary on Fegli life insurance?

However, in order to designate or make any changes to current beneficiaries for the FEGLI program, you must complete a form and return it to your Human Resources department. The form, and other pertinent information in regard to its processing, can be found on OPM's website.

How do I make changes to my FEGLI?

You can reduce or cancel your FEGLI life insurance at any time, without waiting for an open season. If you are an employee, submit an SF 2817 to your human resources office, signing only for the coverage you want to keep.

What are the death benefits for group life insurance?

In most cases, with group coverage, you'll get a death benefit equal to one to two times your base salary for free, or at a very low premium cost per pay period. For example, if you make $50,000 a year, you may have the option for a death benefit between $50,000 and $100,000.

Can beneficiaries be changed at any time?

Can you change beneficiaries? In most cases, you may change the beneficiaries named on a life insurance policy or other financial account at any time. Changing beneficiaries is usually easy to do — the challenge is often in remembering to do it.

Can I change my life insurance beneficiary online?

Generally, you can review and update your beneficiary designations by contacting the company or organization that provides your insurance or retirement plan. You can sometimes do this online. Otherwise, you'll have to complete, sign, and mail a paper form.

Can a beneficiary be changed on a whole life policy?

If a policyholder is alive, and the beneficiary designation is revocable, they have a right to change, add and remove life insurance beneficiaries as often as they'd like, but they should be careful when doing so, particularly if they're married, because their spouse may have a right to 50% of the death benefit if

For pdfFiller’s FAQs

What is College Insurance Program Dependent Beneficiary Group Insurance Form?

The College Insurance Program Dependent Beneficiary Group Insurance Form is a document used to designate beneficiaries under a group insurance plan associated with a college insurance program.

Who is required to file College Insurance Program Dependent Beneficiary Group Insurance Form?

Individuals who are enrolling dependents in the College Insurance Program or wishing to designate beneficiaries for associated insurance must file the form.

How to fill out College Insurance Program Dependent Beneficiary Group Insurance Form?

To fill out the form, individuals need to provide personal information, details about the dependents, and specify the beneficiaries along with their relationships.

What is the purpose of College Insurance Program Dependent Beneficiary Group Insurance Form?

The purpose of the form is to ensure that the designated dependents and beneficiaries are properly recorded for insurance coverage and claims under the College Insurance Program.

What information must be reported on College Insurance Program Dependent Beneficiary Group Insurance Form?

Information such as the name and relationship of dependents, the insured individual's details, and the names and relationships of designated beneficiaries must be reported on the form.