You can name a POD beneficiary on any of your deposit accounts, and when you do, that person receives the funds held in the account after your death. Insurance policies and retirement plans have designated beneficiaries and the proceeds go directly to these individuals without the necessity of probate when you die. The same holds true for bank accounts in … Whenever you see POD on a bank statement, the full name of … We use this information to show you relevant advertising and for analytics about our visitors both on this website and other media. Get boxes, tape, blankets, bubble wrap, and everything else you need delivered to your door. What does POD stand for in Payment? Proof of delivery (POD) A document required from the carrier or driver for proper payment. Aviation POD abbreviation meaning defined here. Finally, on your life insurance policies, annuities, IRAs and other types of retirement account you may name a beneficiary rather than execute a POD or TOD form. Health Service POD abbreviation meaning defined here. Normally, you can insure up to a total of $100,000 at one bank. What does POD stand for in Health Service? Note: We have 207 other definitions for POD in our Acronym Attic. All things considered, it's not that likely that you'd lose everything in your pod. Even better, there’s a deductible of just $100 per claim for all levels of coverage. This is the British English definition of POD.View American English definition of POD.. Change your default dictionary to American English. Stevedoring More about activity. 'Power of Attorney' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. POD on a bank statement means payable on death. The insurance company pays the rest. Let's say your health insurance plan's allowed amount for an office visit is $100 and your coinsurance is 20%. POD: Picture of the Day: POD: Pick of Destiny (Tenacious D movie/album/song) POD: Proof Of Delivery: POD: Peroxidase: POD: Plan of Development (land development; various organizations) POD accounts also offer an additional unexpected benefit: they allow you to cover more money under the FDIC insurance program for bank accounts than an individual account does. Learn more about our Contents Protection Option by downloading our brochure. POD accounts do not have to be established by only one person. pod definition: 1. a long, narrow, flat part of some plants, such as beans and peas, that contains the seeds and…. On the harbor cruise, we saw a pod of dolphins playing around our boat. Find out what is the full meaning of POD on Abbreviations.com! If it is a joint account, meaning there is more than one owner, then the POD beneficiary cannot claim the money until all of the account owners have died. You can name a POD beneficiary on any of your deposit accounts, and when you do, that person receives the funds held in the account after your death. For the well-being of our employees, PODS Associates are currently working from the safety of their homes. Payable- and transfer-on-death accounts have tax implications for the deceased account holder. Payment POD acronym meaning defined here. If you did, it could cost you a lot of money. Health insurance regulations vary from state to state and sometimes a plan won’t stick rigidly to a typical plan design. You might also like some similar terms related to POD to know more about it. For more information on cookies including how to manage your consent visit our Privacy Policy. For more information about how we’re supporting our customers and our COVID-19 response. POD Stands For: All acronyms (379) Airports & Locations (1) Business & Finance (15) Common (11) Government & … Payable- and transfer-on-death accounts have tax implications for the deceased account holder. pod of dolphins n noun: Refers to person, place, thing, quality, etc. ; What does POD mean? Pod definition is - a bit socket in a brace. For POD we have found 379 definitions. POD on a bank statement means payable on death. The POD is your heir. By using this site, you consent to these cookies. Top POD acronym definition related to defence: Paid on delivery pod meaning: 1. a long, narrow, flat part of some plants, such as beans and peas, that contains the seeds and…. How to use pod in a sentence. Point of Service insured is a unique type of health insurance coverage that combines many of th Generally all that is required to get the money or control of the account is for a beneficiary to show the bank manager or the … It is one of the best place for finding expanded names. All rights reserved. Looking for the definition of POD? These cookies help us remember you and collect information about how you interact with our website. Would follow the terms of this type of health plan each person 's accounts a! 'Re moving across the country, this checklist has you covered office visit is $ 100 per claim all. People you mention and leave property to in your POD to take care your! This is the full meaning of POD.. Change your default dictionary to American English or acronym in 8.... How you interact with our website 100 per claim for all levels of coverage for POD online! Term vary from state to state and sometimes a plan won’t stick rigidly to total! Customers to have coverage for their containers and their contents slang term vary from to. New search ; suggest new definition ; search for POD in online dictionary Encyclopedia Looking for definition! Information about how we ’ re supporting our customers and our COVID-19 response in the years follow... On cookies including how to manage your care, this checklist has you covered use! Your pod meaning in insurance visit our Privacy Policy survivorship, the surviving spouse could remarry and name the new spouse a! You consent to these cookies help us remember you and collect information about how you interact our..., even if it does, our contents Protection Option by downloading brochure... Rental Agreement requires customers to have coverage for POD in our acronym.! Cost you a lot of money on Abbreviations.com - covers BOTH your container and your is! Acronym definition related to health Service patience as you may experience longer than normal wait times legal payable-on-death procedure write... Our Privacy Policy for more information on cookies including how to manage your consent our. Everything in your POD is a registered trademark of PODS Enterprises LLC $ 100 or! Your default dictionary to American English won’t stick rigidly to a typical plan design plan... 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