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This document is an application for Optional Life Insurance under the Chambers of Commerce Group Insurance Plan, allowing employees to augment their life insurance coverage to include their spouse and dependent children, as well as providing details on the application process and required information.
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What is application for optional life?
An application for optional life is a form that individuals fill out to request additional life insurance coverage beyond what is typically provided by their employer or existing policy.
Who is required to file application for optional life?
Individuals who wish to obtain optional life insurance coverage, often employees of a company that offers such benefits, are required to file the application.
How to fill out application for optional life?
To fill out the application for optional life, one should provide personal information, such as name, address, date of birth, as well as details regarding health status, coverage desired, and any beneficiaries.
What is the purpose of application for optional life?
The purpose of the application for optional life is to assess the needs of the individual for additional life insurance coverage and to determine the eligibility and premium rates based on the information provided.
What information must be reported on application for optional life?
Information required on the application typically includes personal identification details, health history, lifestyle choices, amount of coverage requested, and beneficiary information.
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