THE UKRAINIAN NATIONAL ASSOCIATION FORUM


UNA MEMBER BENEFITS UPDATE: Check your beneficiary and contact info

UNA Recording Department

OK, so you've purchased a UNA life insurance policy and/or an annuity. That's a wise decision, since the average cost of a funeral is $10,000. However, when was the last time you checked the beneficiary listed on your policy?

Certain life changes necessitate periodic financial check-ups - marriage, birth, death and divorce, for example. Policy-holders should take the time to make sure they have the correct beneficiary or beneficiaries designated on their policies in order to avoid any problems later on.

Similarly, parents and grandparents who purchased UNA life insurance policies for their children years ago are encouraged to help the UNA Home Office in updating our records.

This also pertains to any address changes, not only the policyholders', but their beneficiaries' as well. Without the proper information on file at the Home Office, a payment on a death claim may be delayed.

Readers may contact the UNA Home Office at 1-800-253-9862, or their local UNA branch secretary for information on how to go about updating their beneficiaries and contact information.

Remember: the Ukrainian National Association and you are partners for life.


Young UNA'ers


Copyright © The Ukrainian Weekly, July 17, 2005, No. 29, Vol. LXXIII


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