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INSURANCEGroup Life
Insurance Policy15 November 2010Contents
SectionPageSectionPage1. About this Policy22.16 Continuation Option91.1 Overview22.16.1 Death Cover Continuation Option91.2 Understanding
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What is 16 continuation option?
The 16 continuation option allows a taxpayer to continue their tax benefits for an additional 16 years.
Who is required to file 16 continuation option?
Taxpayers who wish to extend their tax benefits beyond the initial period are required to file 16 continuation option.
How to fill out 16 continuation option?
To fill out 16 continuation option, taxpayers must submit the necessary forms and documentation to the relevant tax authorities.
What is the purpose of 16 continuation option?
The purpose of 16 continuation option is to provide taxpayers with an extended period of tax benefits.
What information must be reported on 16 continuation option?
Taxpayers must report their identification information, tax benefits being claimed, and any supporting documentation.
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