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.
Permanent life insurance is an ideal coverage option for the following scenarios: 1  You donât want to outlive your policy. 2  You donât want to have to convert to a permanent policy when your term runs out.  You want your premium to stay the same for the rest of your life.