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.
Convertible Life â A Term Life policy that can be converted to a Whole Life policy. Whole Life - Covers your permanent needs until the age of 100. 15-Pay Juvenile Life â Covers your children until age 100 but can only be purchased for them while they are 15 years of age or younger. IRA â Individual retirement account.