Is it the norm to require a witness when signing an ILP?

Hi Anonymous,

I assumed you meant your friend has recently bought an ILP and it has been in-force.

Not sure what the witness is for, but what I can share is, due to the nature of my trade, for some insurers' absolute assignment process, it requires both the assignor and assignee to go to the customer service centre to do so, with two witnesses signed by two of the staff there. So perhaps your friend can try going to the customer service centre to get a witness there. Click here to view a list of customer service centres.

Disclaimer: PolicyWoke is a 2nd-hand endowment policies broker

Not enough context to determine the role of the witness. For this purpose, we will need to get more information from the insurance agent.

For example, your friend could be a vulnerable client and requires the application to be accompanied by a trusted individual. On the other hand, a witness (usually two of them) may be required if your friend is doing up an insurance nomination.

More Details: Revocable Nomination Insurance Form 4 Singapore

Given that many possibilities, the only definite answer is to find out from the agent.

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