Withdrawal claim form 2025

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The purpose of this form is for you to instruct the Fund and its administrator to process your withdrawal benefit because your employment is being terminated as a result of your resignation, your dismissal or your retrenchment.
Withdrawal: In many situations, you can take a cash withdrawal from your permanent life policy, and that money is often not subject to income taxes as long as its not more than the amount youve paid into the policy.
A payment withdrawal form is a form used by companies to convert payments and revenue into cash.
Withdrawing a claim means it will be closed and no further action can be taken on it.
While a withdrawn claim is less likely to impact your premiums than a fully processed claim, its not without consequence. Some insurers view the withdrawal as an indicator of risk, which could influence your premiums later.
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Overview: A Withdrawal of Claim is filed by the claimant to withdraw a proof of claim.
For whatever reason you do not want to continue with your Court claim you should inform the Court, in writing, as soon as possible. This procedure is called discontinuance. Only the claimant can discontinue a claim using this procedure.

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