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Please Print in Blue or Black Ink. Application to Split Premium This form is to be completed by both husband and wife who wish to split the cost of employee and spouse or employee and family coverage
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How to fill out application to split premium

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01
Start by gathering all the necessary information and documents, such as your policy number, contact details, and any relevant financial information.
02
Open the application form and carefully read the instructions provided. Make sure you understand all the requirements and sections of the form.
03
Begin by filling out the personal information section. This would typically include your name, address, date of birth, and other identifying details.
04
Move on to the policy information section. Here, you will need to input your policy number and the specific details related to your insurance coverage.
05
If required, provide information about any additional policies or coverage that may be involved in the premium split.
06
Next, you may need to provide financial information, such as your income and expenses. This is crucial for determining your eligibility for a premium split.
07
Go through each section of the application form carefully, supplying accurate and truthful information. Double-check the accuracy of all the details before proceeding.
08
Once you have completed all the necessary sections, review the entire application form for any errors or omissions. It is essential to ensure that the form is correctly filled out before submitting.
09
If necessary, attach any supporting documents that may be required, such as income statements or proof of financial hardship.
10
Finally, sign and date the application form as required. Make a copy of the completed form for your records, and submit the application as per the instructions provided.

Who needs application to split premium?

01
Individuals who are struggling with financial hardship and are unable to pay their insurance premiums in full.
02
Policyholders who wish to divide the premium payment into smaller installments over a specified period.
03
Those who have additional coverage that may be eligible for premium splitting, such as supplementary health or disability insurance.
04
People who have experienced a change in their financial circumstances and need assistance in managing their insurance expenses.
05
Policyholders seeking to take advantage of any premium-splitting programs or initiatives offered by their insurance company or relevant authorities.
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Application to split premium is a form submitted to split the premium payments between two or more individuals or entities.
Any party involved in the premium payments who wishes to split the payments between multiple parties is required to file the application to split premium.
The application to split premium must be filled out with the names and contact information of all parties involved, as well as the agreed-upon payment split percentages.
The purpose of the application to split premium is to formally document and agree upon how the premium payments will be divided among multiple parties.
The application to split premium must include the names and contact information of the parties involved, as well as the agreed-upon payment split percentages.
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