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Will Preparation Service Available for Optional Term Life Insurance Participants. We are pleased to announce that you have access to an important benefit for all NC State employees who participate
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What is optional term life insurance?
Optional term life insurance is a type of life insurance coverage that provides a death benefit for a specific period of time, typically ranging from 5 to 30 years.
Who is required to file optional term life insurance?
Optional term life insurance is not required, it is optional for individuals who want additional coverage beyond their basic life insurance policy.
How to fill out optional term life insurance?
To fill out optional term life insurance, you will need to contact an insurance provider, complete an application, provide information about your health and lifestyle, and select the coverage amount and term length.
What is the purpose of optional term life insurance?
The purpose of optional term life insurance is to provide financial protection for your loved ones in the event of your death during the term of the policy.
What information must be reported on optional term life insurance?
Information that must be reported on optional term life insurance includes personal information, beneficiary details, coverage amount, term length, and medical history.
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