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Standard Insurance Company 800.378.4668 ext. 6785 800.331.3397 Fax 920 SW Sixth Avenue Portland OR 97204-1203 Group Life Portability Insurance Application INSTRUCTIONS PLEASE READ CAREFULLY Portability
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What is group life portability insurance?
Group life portability insurance is a type of insurance policy that allows individuals to continue their life insurance coverage when they leave a group plan, such as through employment termination or retirement.
Who is required to file group life portability insurance?
Employers or plan administrators are typically responsible for filing group life portability insurance on behalf of the employees or plan participants.
How to fill out group life portability insurance?
To fill out group life portability insurance, the employer or plan administrator needs to provide the necessary information about the individuals seeking to continue their coverage, such as their names, dates of birth, and beneficiary information.
What is the purpose of group life portability insurance?
The purpose of group life portability insurance is to ensure that individuals can maintain life insurance coverage even after leaving a group plan, thereby providing financial protection for themselves and their loved ones.
What information must be reported on group life portability insurance?
The information typically required to be reported on group life portability insurance includes the names of the individuals seeking coverage, their dates of birth, beneficiary information, and any relevant policy details.
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