Get Life Insurance Traditional And Variable Life Series Ownership Change Request Form Express Mail: Axa

Filling out the Ownership Change Request Form is an essential step for users looking to make adjustments to their life insurance policies. This comprehensive guide provides clear instructions for each section of the form, ensuring a smooth completion process.

Follow the steps to complete the ownership change request form accurately.

1. Click 'Get Form' button to obtain the form and open it in your editor.
2. Fill in the present owner's information. Ensure that you include the policy number, the insured's name, and the owner's name. Provide a daytime telephone number, joint owner information (if applicable), and the complete address including city, state, and zip code.
3. In the designation of new owner(s) section, indicate the reason for the change. Provide the name(s) of the new owner(s) and their relationship to the insured, along with their date of birth.
4. Complete the information for the new owner. Specify whether the new owner is an individual, trust, partnership, or corporation. Confirm if the ownership change is related to a viatical or life settlement transaction and if the new owner is a U.S. citizen or legal entity established under U.S. law.
5. Enter the new owner's legal residence and mailing address, if different. Provide the new owner's occupation and type of business. If applicable, include the U.S. bank information.
6. Input the taxpayer identification number, ensuring to check the box if not subject to backup withholding. Certify the information by signing and dating the form.
7. If there is a new joint owner, repeat the necessary fields. Be sure to complete any required sections for the joint owner, including legal residence and occupation.
8. Review all filled sections for accuracy. Once confirmed, save changes, and you may download, print, or share the completed form as needed.

Take the next step to manage your life insurance policies by completing the ownership change request form online.