Making a Withdrawal

Please use this form Savings Withdrawal Form(pdf 180kb) if you want to withdraw some or all of your savings. You must fill in sections A, B and C to make a withdrawal.

We may need photo identification to pass this claim so it may speed up your request if you send us a copy of your current passport or current driving licence.

Note:

If you withdraw savings from your plan, any protection benefits applicable will be reduced (for a joint/ dual life plan, the benefits will be reduced for both lives covered) by at least the amount of the savings withdrawn. If any further withdrawals are made, any benefits applicable will be further reduced and this reduction will depend on the value remaining in the plan, your current age, your current payment amounts and the level of cover you currently have.

The value of your plan will be based on the date we receive all completed documents into Irish Life Head Office.

Early encashment charges may apply to your plan and some plans may not be cashed in early.

Some plans may be subject to a 3/6 month restriction.

If your last name has changed because you have married since taking out this plan, please send us a copy of your marriage certificate.

Assignments

• Your plan may be assigned to a bank or other financial institution as loan security
  If your plan is assigned we will require either:
  Deed of Release from the assignee, or
• A signed request from the assignees confirming they are agreeable to this withdrawal request along with the original Deed of Assignment. We will also require written confirmation from the assignees that stamp duty was paid were applicable or if stamp duty was not applicable, the reason why.

Please refer to your plan booklet or contact our customer service team for further details.
In the interest of customer service we will record and monitor calls.