UVM Authorized to Accept Annuity Bequest Proceeds
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Description
The UVM Board of Trustees consent agenda authorizes the University to accept death benefits on an annuity contract held by American General Life Insurance Company as a bequest. This action enables UVM to receive planned giving proceeds from the policy.
Contract Details
Vendor
AMERICAN GENERAL LIFE INSURANCE COMPANY
Agency
University of VBOT|Full Board, VT
Contract Type
INSURANCE
Document Date
February 7, 2026
Renewal Info
One-time acceptance of death benefits on an existing annuity contract; no ongoing renewal terms are described.
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