Withdrawal application of Advance Contribution Facility (ACF)
Certificate holders are allowed to make either Partial or Full Withdrawal of ACA, if such need arises. The amount withdrawn must be a multiple of Annual Contribution of the Certificate, minimum of 1 year’s Annual Contribution (Partial Withdrawal) up to the total remaining Advance Contribution Term (Full Withdrawal).
- Upon Partial Withdrawal of ACA, the ACF will continue according to the New Advance Contribution Term.
- Upon Full Withdrawal, the ACF will be cancelled.
For the remaining Certificate’s Contribution Payment Term, (after partial or full withdrawal) certificate holders will need to continue to pay the Annual Contribution or Modal Contribution for continuous protection under their certificates.
However, if the remaining contribution payment term is greater than 2 years, participants may choose to opt for a new ACF arrangement prior to Certificate Anniversary.
Important note:
We only accept form/letter submission via i-Get In Touch ("iGIT"). Certificate owner is advised to upload the form/letter in iGIT. Nevertheless, if certificate owner is unable to upload the form/letter in iGIT, certificate onwer may get the servicing agent to upload the form/letter via i-Great Partner with valid reason indicated on the form/letter.