Follow the steps to fill out the Canada Life 332 CAN form online.

1. Click 'Get Form' button to obtain the form and open it in the editor.
2. Enter the name of the insured in the designated field, including both first and last names.
3. Provide the surrender policy number in the specified area. This ensures the correct policy is being surrendered.
4. Fill in your own name as the policy owner, indicating both first and last names.
5. Choose your preferred option for payment of the cash surrender value by selecting one of the available choices: applying it to an existing policy, using it as the initial premium or part thereof, making it an additional payment, reducing a loan, or applying to future premiums.
6. If you select electronic funds transfer, indicate whether you want the funds to be paid by cheque or using existing banking information for transfer. If using electronic transfer, provide the necessary banking information, such as account holder's name, financial institution name, and account number.
7. Complete the owner(s) information section, including your mailing address, social insurance number, and any applicable business number.
8. Understand that if a named beneficiary has preferred or irrevocable status, they must sign the form to consent to the surrender. Ensure you acquire their signatures where necessary.
9. Add your signature, along with the date and location where the signing takes place. If the owner is a corporation, partnerships, or trusts, ensure the authorized person signs and includes their title.
10. Review the completed form for accuracy. Once confirmed, you can save changes, download, print, or share the form as needed.

Complete your Canada Life 332 CAN form online today for a seamless surrender request process.