Get Boston Mutual Form 231 015

Filling out the Boston Mutual Form 231 015 online can seem daunting, but this guide will provide clear and supportive instructions to help you complete the process smoothly. This form is essential for changing ownership on life insurance policies or annuity contracts and requires specific information to ensure accuracy.

Follow the steps to successfully complete the form

1. Click the ‘Get Form’ button to access the Boston Mutual Form 231 015 and open it in your preferred online editor. This initial action will allow you to begin filling out the required information.
2. In the first section, provide your name and address as the current owner. Ensure that you use your full name, avoiding abbreviations (e.g., use 'John J. Smith' instead of 'J.J. Smith').
3. Next, you will need to list each policy number and the insured names under which the change of ownership applies. This helps to clarify which contracts are being updated.
4. Complete the fields for the new owner(s). Include their full name, street address, date of birth, and tax identification number (Social Security number for individuals or Federal Tax ID for business entities).
5. If the new ownership involves a spouse and is applicable under community property laws, ensure that the spouse's signature is also included. If necessary (in cases of death or divorce), provide the relevant documentation.
6. For juvenile policies, understand that the ownership may revert to the insured when they reach the age of majority. Fill out the section regarding retention of ownership for juvenile policies if applicable.
7. Review the entire form for completeness and accuracy. Ensure that all required signatures are provided: from the current owner, new owner(s), any irrevocable beneficiary, and a witness.
8. Once everything is complete, you can save changes, download the form, or print it for mailing. Finally, submit the completed form to the Boston Mutual Client Services Department via mail or fax as instructed.

Begin completing the Boston Mutual Form 231 015 online today to ensure a smooth ownership transfer process.