Prulink Withdrawal Form: Individual Policyowner
Prulink Withdrawal Form: Individual Policyowner
Prulink Withdrawal Form: Individual Policyowner
One form may be used for multiple policies if the Policyowner and Irrevocable Beneficiary/ies are all the same.
Otherwise, the individual submission of Withdrawal Form for each policy will be required.
FULL One (1) valid government or two (2) valid non-government IDs of policyowner
WHAT YOU NEED TO KNOW ABOUT THE EFFECTS OF WITHDRAWING FROM YOUR POLICY
If you fully withdraw your Policy, you also fully withdraw all its benefits and lose the opportunity for the investment linked to your insurance plan to grow under the
supervision of our expert fund managers. If you partially withdraw from your Policy, you will reduce its fund value and death benefit in the event of a claim and the fund
value may become insu°cient to support your insurance coverage and its charges. It might be necessary to provide additional pre miums or top-ups in the future to ensure that
the Policy remains su°ciently funded.
If you are withdrawing your Policy in order to purchase a new Policy, your Policy may be subject to withdrawal charges and you will lose all projected earnings coming
from the withdrawn amount. Also, a new Policy will be subject to charges associated with a new product, Policy exclusions such as the contestability period, and higher
premiums due to older age or adverse medical conditions. Lastly, plan features or riders attached to your existing Policy may no longer be available in a new Policy.
DETAILS OF POLICYOWNER
SURNAME DATE OF BIRTH (mm/dd/yyyy) NATIONALITY
GIVEN NAME
MOBILE NUMBER TELEPHONE NUMBER
MIDDLE NAME OCCUPATION (State exact duties; if member of AFP/PNP, state rank)
With changes in personal details of the Policyowner in the records of Pru Life UK? Yes (Fill out the additional KYC details section) No
DETAILS OF WITHDRAWAL
POLICY NUMBER FUND NAME AMOUNT or PERCENTAGE PARTIAL WITHDRAWAL OPTIONS FOR PRULINK PLANS WITH
SURRENDER CHARGES
OPTION 1 OPTION 2
Withdrawal proceeds will be less Withdrawal proceeds will be equal to the amount
than the amount requested due requested, but additional funds may have to be
to deduction of surrender withdrawn from the remaining funds to shoulder
charges, if applicable any applicable surrender charges.
SPECIAL INSTRUCTIONS
MODE OF RELEASE OF PROCEEDS (Please ensure that the account information provided is accurate.)
Fund transfer (PhP/USD) Metrobank over-the-counter dollar cash withdrawal
Name of account holder: Preferred Metrobank branch:
Account number: Branch address:
Bank name:
Bank branch/branch address: Apply as: Renewal premium Top-up Policy number:
Loan repayment
Security Bank check pick-up
Preferred Security Bank branch: Others
Branch address:
IDENTIFICATION INFORMATION OCCUPATION (State exact duties; if member of AFP/PNP, state rank)
MOBILE NUMBER PRESENT ADDRESS (Number, street, municipality/city, province) COUNTRY ZIP CODE
UPDATE YOUR MAILING ADDRESS? Yes No PREFERRED MAILING ADDRESS Present Permanent Business/Employer
DECLARATION OF UNDERSTANDING
For the surrender charges on Top-ups, please refer to the table below. Please refer to your Policy Booklet to confirm if surrender charges on Regular Premiums will apply.
Policy Year from the date of each Top-up Premium year 1 year 2 year 3 year 4 year 5 year 6 and up
6. Top-up Surrender Charges shall be applied on the following: PRULink Investor Account Plus, PRULink Elite Protector, Variable Life Rider, PRUMillionaire, PRULink Assurance
Account Plus, PRULink Exact Protector, and PRUHealth Prime. For other plans, please refer to your Policy Booklet to confirm if Top-Up Surrender Charges will apply.
Purpose Statement:
We will use the information you have provided in this form to process your request in accordance with applicable privacy laws and regulations. During processing, we may
share the information you provided to our authorized data processors, including couriers and contractors for anti-money laundering systems, photocopying, scanning,
indexing and printing services. We may share your information with governmental and other regulatory authorities, or self-regulatory bodies in various jurisdictions as
required or allowed by applicable laws and regulations. Any information collected may be retained by Pru Life UK and our authorized data processors until ten (10) years
from the date of termination of the policy.
You may revisit our privacy policy through our website at (https://www.prulifeuk.com.ph/en/footer/privacy-policy/). For data privacy concerns, please contact
our Data Privacy O°cer at:
Telephone: (632) 8887 5433 for Metro Manila, 1 800 10 7785465 via PLDT landline for domestic toll-free
Email: dpo@prulifeuk.com.ph
(mm/dd/yyyy)
EXECUTED AT THIS
PLACE DATE COMPLETED
Signature over printed name of POLICYOWNER Signature over printed name of WITNESS
Signature over printed name of IRREVOCABLE BENEFICIARY/IES Signature over printed name of AUTHORIZED SIGNATORY OF ASSIGNEE
Signed consent of Irrevocable Beneficiary/ies with one (1) copy of valid government-issued ID or two (2) valid non-government IDs with signature of Irrevocable Beneficiary/ies;
Signed consent of the Assignee with one (1) valid government ID or two (2) non-government IDs of the Assignee or its authorized signatory;
Court order, if the Irrevocable Beneficiary is a minor and the interest of the minor is worth more than PhP 500,000.00 for peso plans or its US dollar equivalent;
Consular authentication, if transaction is executed abroad; and
Duly accomplished Receipt and Release Form/Check Voucher Form upon receipt of the proceeds.