Get Partial Encashment Form - Scottish Widows

Completing the Partial Encashment Form from Scottish Widows is an essential process for policy owners seeking to access funds. This guide provides step-by-step instructions to help you navigate the form with ease, ensuring a smooth and efficient online submission.

Follow the steps to successfully complete the Partial Encashment Form.

1. Click the ‘Get Form’ button to obtain the Partial Encashment Form. This will allow you to access the necessary document needed for your encashment request.
2. Fill in your policy number and the name of the policy owner at the top of the form. Make sure these details match your official documentation.
3. In section A, indicate your payment transfer details, including your account holder name, bank name, account number, and sort code. Complete this section carefully to avoid any payment delays.
4. Choose your encashment option by marking the corresponding box. You have three options: encash the whole policy, encash whole policies with a balance by partial encashment, or opt for partial encashment of policies.
5. If you choose to encash whole policies, specify the policy numbers for those you wish to fully encash in the provided fields. If selecting partial encashment, indicate how much you wish to withdraw and ensure you note the currency.
6. Review the tax implications section carefully, especially if you are a UK resident, and seek independent tax advice if necessary before finalizing your request.
7. Ensure all required fields are completed, including your signatures in the designated areas for all policy owners. Each owner must provide their name in capital letters followed by their signature and date.
8. After verifying that all information is correct, you can save your changes. Download or print the completed form for your records, and then submit the original form to Scottish Widows at the address provided.

Complete your Partial Encashment Form online today for a streamlined process.