, omtun.com Granny Omtun helps you reach customers. 1  The weaving process is a brilliant human invention and it can be used for anything from a woven label to a t-shirt. 2  For example, here is how the woven label is made: 3  The looms weave polyester yarns, recreating the logo submitted by the client in the form of artwork.
What is a 'Lump-Sum Payment'. A lump-sum payment is a one-time payment for the value of an asset such as an annuity or another retirement vehicle. A lump-sum payment is usually taken in lieu of recurring payments distributed over a period of time.
Benefit Highlights: Only one beneficiary may receive the Lump Sum Death Benefit. If more than one beneficiary is eligible, such as in the case of multiple eligible children, the children would split the $255 lump sum. The current amount of $255 has not changed since its inception and is not indexed for inflation.