Enhancements to ID Verification and Business Forms

We have made enhancements to some of our forms and created an additional form to help make it easier for you to do business with Equitable Life®.
 
The first enhancement is an update to the ID Verification section to allow for Third Party ID Verification when a client doesn’t want to provide ID documents to an Advisor. They are now given additional options to either use the Alternative Identification requirements, or consent to Equitable Life verifying their identity through a third party service provider. We’ve also clarified in the Advisor declaration that they can’t sign for their own policies as they aren’t able to validate their own ID.

The above changes have been made to the following forms:

• 671OC – Ownership Change Form
• 1027 – Additional/Updated Customer Information
• 1616 – Application for Term Conversion

 
The second enhancement is an update to Business forms. We’ve created a new form, 2004 Signing Authorities Certificate, to help Businesses provide the Signing Authority information needed more easily!  Forms 594 and 682ENT have been updated to point to the new Form 2004 and also have new “Ownership structure” requirements added in section 2.

View the below forms for details on these changes:

• 2004 – Signing Authorities Certificate (NEW)
• 594 – Business Information Form
• 682ENT – Claimants’ Statement for Entities

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