Please select a personal insurance product you wish to contact us about. Clicking the product name will show you a list of contacts to choose from. Car insurance. Customer service Phone number: 0330 024 1158. Lines open: Monday to Friday 8am to 8pm, Saturday 9am to 5pm, Sunday and Bank Holidays 10am to 4pm.
If you are the beneficiary of an IRA, taxes must eventually be paid on the proceeds of the IRA. However, depending on your beneficiary status, there can be a lot of flexibility as to when the taxes must be paid.axes Must Be Paid Eventually. An IRA is a tax-deferred account, and Internal Revenue Service (IRS) rules force taxes to be paid on the account eventually. If you choose to withdraw any money from the inherited IRA, that money will be taxable for the year in which you made the withdrawal.
Other factors to consider. When naming life insurance beneficiaries, keep these things in mind: State or policy life insurance beneficiary rules â Your state or the insurance carrier may restrict who you can name as a beneficiary. For example, if you're married, your spouse may have to sign a waiver before you can name someone else as the beneficiary.