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Strategic Investment Service (SIS) beneficiary and lives assured nomination form Please complete all sections in full using block letters. Indicate all options selected by means of an X. Please note

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What is sis beneficiary nominations and?

SIS beneficiary nominations refer to the process of designating beneficiaries for Special Issue Securities (SIS), which are government securities issued to individuals. These nominations determine who will receive the benefits, such as interest payments or principal amount, in case of the beneficiary's death.

Who is required to file sis beneficiary nominations and?

Any individual who holds SIS is required to file beneficiary nominations. This includes individuals who have invested in SIS and want to specify who will receive the benefits after their demise.

How to fill out sis beneficiary nominations and?

To fill out SIS beneficiary nominations, individuals need to obtain the beneficiary nomination form from the issuing authority. They have to provide necessary information such as their name, address, contact details, and most importantly, the name and details of the nominated beneficiary. After completing the form, it should be submitted to the relevant authority.

What is the purpose of sis beneficiary nominations and?

The purpose of sis beneficiary nominations is to ensure a smooth transfer of benefits to the nominated beneficiary in case of the policyholder's death. It avoids disputes or delays in the distribution of benefits and provides clarity on who should receive the benefits.

What information must be reported on sis beneficiary nominations and?

The sis beneficiary nominations should include the name, address, and contact details of the policyholder (individual holding SIS) and the nominated beneficiary. It is crucial to provide accurate and up-to-date information to avoid any complications in the future.

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