Sentences with phrase «beneficiary signs a waiver»

For instance, viatical companies may need policies that show: • You are ill; • You sign releasing document allowing them to access your medical records; • Your beneficiary signs a waiver or a release; • You own the policy of at least two years.

Not exact matches

Federal law says your spouse must be the beneficiary of your retirement plan unless he or she signs a waiver.

Most companies require that you have owned your policy for at least two years, your beneficiaries sign a release or waiver, you have a life expectancy of anywhere from two to four years (depending on the company), and you allow the company access to your medical records.

For example, if you're married, your spouse may have to sign a waiver before you can name someone else as the beneficiary.

Funny thing is that recently he tried to get me to sign a spousal waiver for small $ 10k IRAs we both have to make the beneficiaries our kids.