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The document is a Dependent Information form that requires retirees and active employees to provide personal and dependent information to Great-West Life for processing claims. It includes sections for employee details, spousal information, and information on unmarried dependent children. The form must be completed whenever there is a change in family status, such as marriage or the birth of a child, and emphasizes the need for accurate information to ensure claims are processed.

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2011	4.8 Satisfied (44 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What does life dependent mean?

Traditional life insurance policies are designed to provide compensation for the insureds beneficiaries when the policyholder dies. Dependent life insurance, on the other hand, pays benefits upon the death of a designated non-income earning dependent, which could be a spouse, domestic partner or even a child.

What is Great West Life insurance called now?

On Jan. 1, 2020 The Great-West Life Assurance Company, London Life Insurance Company, The Canada Life Assurance Company and two holding companies amalgamated. They are now one company The Canada Life Assurance Company. Each of the companies has a vibrant and proud history, having formed more than 125 years ago.

What is a dependent on a health plan?

In healthcare, a dependent refers to anyone whos eligible to be added to a health insurance plan, granting them access to the same or similar benefits as the policyholder. Deciding who qualifies as a dependent and what benefits theyre entitled to will depend on your insurance provider and the terms of the policy.

What is the difference between dependent and beneficiary on life insurance?

You enter dependents in order to make them eligible for benefits such as medical insurance coverage. You enter beneficiaries to identify individuals who are entitled to receive benefits in the event of an employees death, for example, life insurance or 401(k) beneficiaries.

What does it mean to be a dependent on insurance?

A dependent refers to someone who is eligible to become an additional person on your health insurance plan. Your dependents can receive the benefits of your health insurance plan and use it in much the same way as you.

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What does dependent life insurance mean?

Dependent life insurance is a type of life insurance that pays a death benefit to the policyholder if a covered dependent, such as a spouse or child, passes away during the policy term. Policies can be offered through workplace group plans in $2,000 increments.

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What does life dependent mean?

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What is the difference between dependent and beneficiary on life insurance?

What does it mean to be a dependent on insurance?

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What does dependent life insurance mean?

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