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TERM LIFE INSURANCE ELECTION OF PORTABILITY COVERAGEImportant Information When Considering Portability Coverage When your group term life insurance coverage ends, either because your employment has
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When your group term refers to the timeframe in which a group or organization is required to file certain documents or reports.
The group or organization that is designated as the responsible party for filing the necessary documents or reports during their group term.
To fill out your group term documents or reports, you will need to provide accurate and up-to-date information about the activities and financial status of the group or organization.
The purpose of a group term is to ensure that transparency and accountability are maintained within organizations, by requiring them to regularly report on their activities and financial status.
Information that must be reported during a group term may include financial statements, activities reports, fundraising efforts, and any changes in organizational structure.
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