Revised Absolute Assignment Form (ORD 88649) – Effective 02/14/22

Effective Monday, February 14, 2022, The Absolute Assignment To Effect A Section 1035 Exchange (ORD 88649) has been revised to include questions regarding loans on the existing policy. The revised form will carry a revision date of 2021.

The revised form is required with applications taken with a Part 1 date of Monday, February 14, 2022, and later. The 2015 revision can be accepted on applications with a Part 1 date up to Sunday, March 27, 2022. Applications with a Part 1 date of Monday, March 28, 2022, and later must submit the 2021 revision.

The forms will be available on the PruXpress website effective Monday, February 14, 2022.