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The Insular Life Assurance Company, Ltd. Insular Life Corporate Center, Insular Life Drive The Finest Corporate City, Ala bang, 1781 Muntinlupa City Email: head insular.com.pH Website: www.insularlife.com.ph
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How to fill out application for group term

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How to fill out application for group term

01
Read the instructions and requirements for filling out the application for group term.
02
Obtain all the necessary information and documents that are required to fill out the application.
03
Start by filling out the basic information section, including the name of the group, contact details, and purpose of the group term.
04
Provide the required details about the group members, such as their names, addresses, contact information, and any relevant personal or professional information.
05
Fill out the section regarding the duration and frequency of the group term, including the start date, end date, and any recurring events or meetings.
06
Complete any specific requirements or additional sections mentioned in the application form, such as the group's objectives and activities, insurance coverage, financial details, etc.
07
Review the filled-out application form carefully to ensure all the provided information is accurate and complete.
08
Sign and date the application form where required, and attach any supporting documents as instructed.
09
Submit the application form along with any required fees or additional documents, either online or through a designated submission method.
10
Keep a copy of the filled-out application form and any submitted documents for your records.
11
Follow up with the relevant authority or organization to track the progress of your application and address any further requirements or queries.

Who needs application for group term?

01
Various organizations or entities may need to fill out an application for group term, including:
02
- Non-profit organizations or community groups that require funding or support for their projects or initiatives.
03
- Educational institutions or student organizations planning group activities, events, or trips.
04
- Professional associations or trade unions organizing collective events or programs for their members.
05
- Sports teams or clubs applying for group insurance or support for their activities.
06
- Corporate entities or businesses establishing group benefit plans or employee welfare programs.
07
- Government agencies or departments coordinating group initiatives or interventions.
08
- Social or recreational groups organizing group tours, retreats, or events.
09
- Any other group or entity seeking official recognition, assistance, or participation in a group term program or scheme.
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Application for group term is a form that organizations need to complete and submit to request coverage for a group of individuals under the same policy.
Employers or organizations who want to provide group life insurance coverage to their employees or members are required to file the application for group term.
The application for group term typically requires basic information about the group to be covered, such as the number of individuals, their ages, and their coverage needs. It is important to fill out the form accurately and completely.
The purpose of the application for group term is to request group life insurance coverage for a specific group of individuals, such as employees of a company or members of an organization.
Information that must be reported on the application for group term typically includes the names and ages of the individuals to be covered, the coverage amount requested, and any beneficiary designations.
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