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Instructions on completing Request for Policy Surrender Mail your request to: For Individual Life Products, Customer Service Center R-02 John Hancock 1 John Hancock Way Suite 1350 Boston MA 02217-1099
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How to fill out ps5113us v12 24 form

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How to fill out John Hancock surrender form:

01
Start by gathering all the necessary information and documents required for the form, such as policy details, personal identification, and contact information.
02
Carefully read and understand the instructions provided on the form. Pay attention to any specific requirements or additional documentation that may be needed.
03
Fill out the form accurately, providing all the necessary details. Make sure to double-check the information for any errors or missing information.
04
If there are any sections or questions that you are unsure about, seek assistance from John Hancock customer service or a financial advisor.
05
Review the completed form before submitting it. Ensure that all the information is correct and legible.
06
Sign and date the form as required. Some forms may require additional witness signatures, so make sure to comply with any such instructions.
07
Make copies of the completed form for your records, as well as any additional documents or proofs that are needed.
08
Submit the completed surrender form and any supporting documents to John Hancock through the specified channels, such as mail or online submission.

Who needs John Hancock surrender form:

01
Policyholders who wish to surrender their insurance policy or annuity contract with John Hancock.
02
Individuals who want to cancel their coverage or withdraw funds from their policies or contracts.
03
Customers who have experienced a change in circumstances and no longer require the insurance or annuity coverage provided by John Hancock.
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People Also Ask about

Now, how do you cancel John Hancock life insurance? The John Hancock Insurance phone number is (800) 732-5543. This line is available Monday through Friday, 8 A.M. to 6 P.M. ET. A live chat service is also available when logging into the John Hancock digital storefront or calling in via SMS text.
I am _ (your name) holding an insurance policy having policy number _(policy number) from your company ( insurance policy company name). All the premiums are paid till date and due to (mention the reason of surrender), I would like to surrender my policy.
Definition: Surrender refers to the policyholder's request to exit the policy before maturity. Every policyholder can choose to surrender the policy before the policy tenure is over. Surrendering life insurance effectively cancels the benefits immediately.
A policy surrender request must be filled up and submitted to the insurance company. The original policy document, a cancelled cheque and self-attested copy of KYC documents need to be enclosed with the application.
To surrender a policy, simply follow these procedures. Contact your insurance provider and inform them of your intent to surrender. Request a surrender form and ask if a letter of instruction will be sufficient to surrender the policy. Fill in the surrender form exactly as required, or write the letter of instruction.
The amount of money guaranteed to be payable by the insurance company on surrendering the insurance policy before completion of maturity. Guaranteed surrender value is determined based on the surrender value factor specified in the policy document. The surrender value factor is the percentage of total premiums paid.
There are many good reasons to think about surrendering your life insurance policy, including: The reason you originally bought the policy no longer exists. You can't afford to pay the premiums anymore. You need cash, and this is your only source of available funds.

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The John Hancock surrender form is a document used to formally request the surrender of a life insurance policy or annuity contract issued by John Hancock, allowing the policyholder to receive the cash value.
The policyholder or the authorized representative of the policyholder is required to file the John Hancock surrender form to initiate the surrender process.
To fill out the John Hancock surrender form, the policyholder needs to provide personal information, policy details, and specify the reason for surrender. The form must be signed and dated.
The purpose of the John Hancock surrender form is to officially request the termination of a life insurance policy or annuity contract, enabling the policyholder to obtain any accumulated cash value.
The John Hancock surrender form requires information such as the policy number, personal identification details of the policyholder, the amount to be surrendered, and any beneficiaries involved.
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