Q: Death benefit was sent under different contract numbers months apart is that legal.?
I received death benefit claim packet from accordia and athene under two different contract numbers not specifying that they were Ira accounts. Then a couple months later I received two more still not specifying they were Ira accounts. Then come to find out after the third that it was all one policy one IRA. That since I didn't continue and take payments it take on the account I took lump sum the count then was surrendered as well I feel very manipulated by the. When I called from the start the would not release any info.
A: Athene Annuity sold most of its life insurance business to Accordia in 2013 but continued to administer the business until Accordia took over in 2015. Maybe this was part of the confusion for the IRA you inherited? I'm not entirely sure of your question. I recommend you call the Customer Service number on the IRA statement.
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