Get Portability Application - Ima

Filling out the Portability Application - IMA online is a crucial step for individuals wishing to continue their group life insurance coverage after employment ends. This guide provides clear, step-by-step instructions to help users navigate the form accurately.

Follow the steps to complete the Portability Application - IMA online.

1. Click the ‘Get Form’ button to obtain the form and open it in the editor.
2. Complete Part A of the enrollment form, which must be done by the employer. Enter the policyholder name and group policy number, then check the relevant coverage(s) that are portable.
3. Fill out details regarding the employee or their dependents, including their names, genders, and the reason for coverage termination.
4. In the applicant section (Part B), complete personal information including the employee's name, address, and contact numbers. Ensure accuracy as this information is crucial for processing.
5. Indicate the desired percentage of insurance coverage to continue (100%, 75%, or 50%) for each eligible person listed. Remember that specific maximums apply.
6. Calculate the portability cost per quarter based on the coverage amounts and your employer's provided rate. Ensure all calculations are accurate to avoid issues.
7. Designate beneficiaries for the insurance coverage, ensuring to specify their relationship and share of the insurance proceeds. It is essential to understand the distinction between primary and contingent beneficiaries.
8. Sign the form acknowledging that all information provided is accurate, and submit the completed enrollment form along with the first quarterly premium to the specified address.
9. Once all sections are filled out correctly, users can save changes, download, print, or share the form as needed.

Start filing your Portability Application - IMA online today to ensure your insurance coverage continues seamlessly.