You can do that - see the technique used at
http://www.gmayor.com/Macrobutton.htm and adapt the macro to insert the
fields you want.
or
Run a mailmerge starting in Outlook
http://www.gmayor.com/mailmerge_from_outlook.htm into a pre-prepared fax
template containing the relevant fields.

Signature
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Graham Mayor - Word MVP
My web site www.gmayor.com
Word MVP web site http://word.mvps.org
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> I want to get a name and fax number from my Outlook Contacts into my
> Word document without having to cut and paste. It would be really
> nice if I could create a fax cover letter directly from Outlook...