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Princeton City School District Summary of Benefits Basic Life and ADD Insurance Supplemental Life Insurance Effective Date Eligibility Noncontributory Basic Employee Life and ADD Benefit January 1,
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Basic term life insurance is a type of life insurance that provides coverage for a specific period of time, usually between 10-30 years.
Individuals who wish to obtain life insurance coverage for a set term are required to file for basic term life insurance.
To fill out basic term life insurance, individuals must provide personal information, select coverage amount and term length, and undergo a medical evaluation in some cases.
The purpose of basic term life insurance is to provide financial protection for beneficiaries in the event of the policyholder's death during the term of the policy.
Basic term life insurance applications typically require information such as age, health history, lifestyle habits, and beneficiary information.
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