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BENEFICIARY DESIGNATION FORM Life Insurance Company of North AmericaEmployer Name Employee Name Current Address Home Phone South Bend Community School CorporationCity Work PhoneEmployee Social Security
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To fill out the 'proceeds are paid to' section, follow these steps:
02
Start by writing the full name of the individual or entity to whom the proceeds are paid.
03
Provide the complete mailing address of the recipient, including the street address, city, state, and zip code.
04
If the payment is being made to an organization, include the company name and any relevant department or contact person.
05
Double-check all the information for accuracy and ensure that it corresponds to the recipient's official records.
06
Sign and date the 'proceeds are paid to' section to validate the information provided.

Who needs proceeds are paid to?

01
Anyone involved in financial transactions or documentation that involves receiving proceeds or payments needs to provide information about who the proceeds are paid to.
02
This includes individuals, businesses, organizations, and institutions that receive funds as part of a sale, investment, or any financial transaction.
03
It is essential for both the payer and the payee to accurately state who the proceeds are paid to in order to maintain transparency and legal compliance.
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Proceeds are paid to specific individuals or entities as mentioned in a transaction.
The individual or entity responsible for the transaction is required to file proceeds are paid to.
Proceeds are paid to can be filled out by providing the relevant details of the recipient and the transaction.
The purpose of proceeds are paid to is to document and report the distribution of funds to the intended recipient.
The information that must be reported on proceeds are paid to includes the recipient's name, contact information, and the amount paid.
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