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Term Life Insurance and ADD Coverage HighlightsHaverford College Policy # 691254 Please read carefully the following description of your UNM Term Life and ADD insurance plan. Your Plan Eligibility
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Term life insurance is a type of life insurance policy that provides coverage for a specific period of time, or term, typically ranging from 5 to 30 years.
Individuals who want to protect their loved ones financially in the event of their death are required to file for term life insurance.
To fill out a term life insurance policy, individuals will need to provide personal information such as their age, health history, and desired coverage amount.
The purpose of term life insurance is to provide financial protection for loved ones in the event of the policyholder's death.
Information such as the policyholder's personal details, beneficiaries, coverage amount, and premium payments must be reported on term life insurance.
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