Form Lm-601040g - Portability Of Basic And Voluntary Trem Life Insurance

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PORTABILITY OF BASIC AND VOLUNTARY TERM LIFE INSURANCE
(Employee, Spouse and Child/ren)
Life Insurance Company of North America
Group Insurance
Life Accident Disability
Please print (preferably in black ink).
EMPLOYER USE SECTION: TO BE COMPLETED BY THE EMPLOYER
Employer____________________________________________________________________ Policy # _____________________
Name of Employee______________________________________________________________ Class _______________________
Basic Coverage Amount Eligible to Port:
Employee _____________
Voluntary Coverage Amount Eligible to Port:
Employee _____________
Spouse ____________
Child _____________
Coverage Termination Date: ______________
Employment Termination Date: ______________
Month/Day/Year
Month/Day/Year
Reason for Termination of Group Insurance:
Termination of Employment
Cancellation of Group Contract
Reduction in Benefit
Other __________________
Change to Another Class
Retirement
Disability
Date Notice Provided: ______________
Month/Day/Year
Employer Signature____________________________________________________________________ Date ______________
Month/Day/Year
NOTE TO EMPLOYER: Be sure to check the group policy regarding portability limitations and assignments. Notice
must be provided to the Owner of this coverage. The Owner may be other than the employee or dependent.
**NOTE: THIS FORM IS TO BE COMPLETED BY THE OWNER OF THIS COVERAGE.**
EMPLOYEE INFORMATION
Please print (preferably in black ink).
Home Address____________________________________________ City________________________ State______ Zip_________
Day Phone __________________ Evening Phone ________________ Social Security #___________________ Birthdate _____________
Month/Day/Year
1. If you wish to continue your basic and/or voluntary coverage, please check one for basic, and one for voluntary:
Continue amount of basic employer-paid coverage currently in force or
Decrease the coverage amount to ____________ (Units of $1,000)
Continue amount of voluntary coverage currently in force or
Decrease the coverage amount to ____________ (Units of $1,000)
2.
Check here if you want to increase your coverage. See item #5 in General Information.
3. Have you smoked or used any form of tobacco in the last 12 months?
Yes
No
4. Have you applied for: (Check all that apply.)
Conversion
Application Date: _______________
Month/Day/Year
Waiver of Premium
Application Date: _______________
Month/Day/Year
Accelerated Benefit/Terminal Illness Benefit
Application Date: _______________
Month/Day/Year
SPOUSE INFORMATION
Spouse's Name __________________________________________ Social Security #___________________ Birthdate _____________
Month/Day/Year
1. If you wish to continue voluntary coverage for your spouse, please check one:
Continue amount of coverage currently in force or
Decrease the coverage amount to ____________ (Units of $1,000)
2.
Check here if you want to increase spouse coverage. See item #5 in General Information.
3.
Has your spouse smoked or used any form of tobacco in the last 12 months?
Yes
No
4.
Has your spouse applied for: (Check all that apply.)
Conversion
Application Date: _______________
Month/Day/Year
Accelerated Benefit/Terminal Illness Benefit
Application Date: _______________
Month/Day/Year
CHILD/REN INFORMATION
Do you wish to continue your children coverage?
Yes
No
Children who are no longer eligible, as defined in the group policy, and who wish to continue their coverage may apply for either $25,000 or $50,000 of term
coverage by completing the Child Portability Form. Please contact NEBCO at the phone number shown on page 2 and they will provide you with this form. Please note,
you cannot port child coverage unless the child meets the age and dependency requirements as defined in the group policy.
LM-601040g (08/06)
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