Surrender Application - Voya Financial

Page 1 of 3 - Incomplete without all pages. Order #131394 07/01/2020 The release of policy values may affect the guaranteed elements, non-guaranteed elements, face amount, or Surrender value of the policy from which the values are you are considering making changes in the status of your policy, you should consult with a licensed insurance or Financial your policy is an indexed universal life (IUL) insurance product and you have elected an indexed strategy, surrendering your policy before the block maturity date(s) will result in the loss of any index credit associated with each block. In such instances, you may earn only the minimum contractually-guaranteed interest rate in association with those blocks. You may wish to consider delaying Surrender until the index credit(s) is/are applied on the block maturity date(s). Alternatively, your policy may offer options allowing access to the funds in your policy which may minimize or avoid the loss of such index credits, such as a policy loan or partial withdrawal, if available.

The surrender of said policy shall be effective on the date specified in your policy’s contractual provisions or, if the policy is silent, the date of our receipt of the properly executed Surrender Application at Customer Service.

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  Applications, Surrender, Surrender application

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