Form DWC035 Application for Division Approval of the Purchase of an Annuity for Lifetime Income Benefits - Texas

What Is Form DWC035?

This is a legal form that was released by the Texas Department of Insurance - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the purpose of Form DWC035?A: The purpose of Form DWC035 is to apply for division approval of the purchase of an annuity for lifetime income benefits in Texas.

Q: Who is required to fill out Form DWC035?A: Anyone who wants to purchase an annuity for lifetime income benefits in Texas and needs division approval is required to fill out Form DWC035.

Q: What information is required on Form DWC035?A: Form DWC035 requires information such as the names of the parties involved, the amount of the annuity purchase, and information about the settlement agreement.

Q: What is the deadline for submitting Form DWC035?A: There is no specific deadline mentioned for submitting Form DWC035. However, it is recommended to submit the form as soon as possible to avoid any delays in approval.

Q: What happens after submitting Form DWC035?A: After submitting Form DWC035, the Division of Workers' Compensation will review the application and determine whether to approve or deny the purchase of the annuity.

Q: Can I appeal if my application on Form DWC035 is denied?A: Yes, if your application on Form DWC035 is denied, you have the right to appeal the decision.

Q: Is there a fee for submitting Form DWC035?A: There is no specific mention of a fee for submitting Form DWC035. However, there may be associated costs with the purchase of the annuity.

Q: Who can I contact for further assistance with Form DWC035?A: For further assistance with Form DWC035, you can contact the Division of Workers' Compensation or consult with an attorney specializing in workers' compensation law.