Page 1 of 3GLA-01114NY 7/08 COBRA GUIDELINES HOW DOES AN EMPLOYEE APPLY FOR COBRA?â¢ The Employee needs to complete the Dental COBRA Election Form (GLA-01359*) within 60 days of the date of terminationor qualifying event.
Straight life. A straight life insurance policy is a type of permanent insurance that provides a guaranteed death benefit and has fixed premiums. This traditional life insurance is sometimes also known as whole life insurance or cash value insurance.
view profile. Peggy Mace PRO. President and Senior Agent, Outlook Life, Most of the U.S. As related to life insurance, vesting is a legal term that means that the beneficiary has a legal right to the life insurance proceeds in the policy.If they are an irrevocable beneficiary, they are vested in that policy, and no other beneficiary can replace them without their consent.iew profile. Peggy Mace PRO. President and Senior Agent, Outlook Life, Most of the U.S. As related to life insurance, vesting is a legal term that means that the beneficiary has a legal right to the life insurance proceeds in the policy.