Aig affidavit to affirm power of attorney 2026

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  1. Click ‘Get Form’ to open the aig affidavit to affirm power of attorney in the editor.
  2. Begin by filling in the 'Policy/Contract Owner’s or Insured’s Name' and 'Policy/Contract Number' at the top of the form. Ensure accuracy as this information is crucial for identification.
  3. In the section for 'Affiant', enter your name as the Attorney-in-Fact. Follow this by providing details about the Power of Attorney, including its execution date and principal's name.
  4. Complete the statements regarding the validity of the Power of Attorney, ensuring you check all applicable conditions that confirm its active status.
  5. Sign in the designated area as Affiant, making sure to include your title under Power of Attorney. This is essential for validation.
  6. Finally, ensure that a notary public witnesses your signature and affixes their seal on the document, as notarization is required for this affidavit.

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Power of attorney is signed by one person (the principal) that gives another person (the agent) authority to act on their behalf and is ended only if power of attorney is revoked or the principal dies. An affidavit is used if a third party needs to act in reliance on the power of attorney.
To fill out an Affidavit as to the Power of Attorney, include the names of the principal and attorney-in-fact, the date the power of attorney was executed, a statement affirming the validity of the power of attorney, and the signature of the affiant along with a notary publics signature.
An agent can only change the life insurance beneficiary if the POA authorizes them. Additionally, there may be limitations if the policy has irrevocable beneficiaries. Irrevocable beneficiaries are those designated to receive the life insurance proceeds, like in the case of payable-on-death and joint accounts.

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