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Feb 23, 22 (Updated: Jun 06, 22)
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Unum provides comprehensive financial insurance products to industries of all sizes. Leader in disability insurance, life insurance, compliance and ...
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As a life insurance policy beneficiary, find out what a Retained Asset Account (RAA) is, its payout options and key questions to ask the life insurance ...
The life insurance company gave you a retained asset account. You were expecting to cash a check instead. Learn how to make these accounts work for you.
A Retained Asset Account is an account whose initial balance is a life insurance or annuity death benefit and that essentially operates like ...
... provides you with the tools you need to monitor and manage your assets. ... NEXEN accounts from any device with one login, via the NEXEN gateway portal.
A Retained Asset Account (RAA) is a temporary repository of funds. The account's function is to give you (the beneficiary) time to consider all of the financial ...
A Unum Retained Asset Account is a fund held in Unum's general account for the named minor beneficiary. The account accrues interest regardless of Unum's ...
851663 011 CERTIFICATE OF COVERAGE Unum Life Insurance Company of America (referred ... retained asset account (the Unum Security Account).
In Merrimon v. Unum Life Insurance Co. of America, 2014 WL 2960024 (1st Cir. July 2, 2014), the U.S. Court of Appeals for the First Circuit ...
Please logon to http://unuminfo.com/USM/ to print the ... Benefits of $10,000 or more are paid through the Unum Retained Asset Account. This.
The beneficiary may leave the money in the Unum Retained Asset Account for as long as he/she wishes. • Unum will retain the funds and invest them in its general ...
Retained Asset Accounts are created when a life insurance company pays the proceeds from a life insurance policy or annuity contract to a beneficiary by ...
Life Insurance Company Retained Asset Accounts: The Case Study. Overview ... UNUM Life Ins. Co. of America, 2008; Otto ex rel.
Plaintiffs challenged an insurance company's use of "retained asset accounts" (RAAs) as a method of paying life insurance benefits in the ERISA context.
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