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VILLAGE DYNAMICS STUDIES IN SOUTH ASIA (VISA) IRISH NCAP (INDIA), INRI (BANGLADESH) GENERAL ENDOWMENT SCHEDULE (GES) 200910. Identifier Country (#) State (# #) Year (# #) I Village code (#) Survey
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How to fill out general endowment schedule ges

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How to fill out a general endowment schedule (GES)?

01
Begin by gathering all the necessary information: Take note of the name and contact information of the insured person, the policy number, and the date of the policy's issuance.
02
Provide details about the endowment policy: Indicate the type of endowment policy, such as whether it is a whole life, term life, or universal life policy. Additionally, include the total amount of coverage and the premium payments for the policy.
03
Specify the policy beneficiaries: Clearly state the names and contact information of the primary beneficiaries who will receive the policy's benefits upon the insured person's death. If there are any contingent beneficiaries, include their information as well.
04
Outline the payment structure: Include details regarding the payment frequency and method to ensure proper and timely premium payments. Specify whether the premiums are due monthly, quarterly, annually, or in a different frequency, and mention the accepted payment methods, such as checks or automatic bank transfers.
05
Declare any additional provisions: If the endowment policy includes any riders, waivers, or special provisions, provide a clear explanation of each. This may include riders for accidental death benefit, disability income, or long-term care coverage.
06
Sign and date the schedule: Once all the necessary information has been accurately provided, the insured person or their authorized representative needs to sign and date the document. This signature confirms the accuracy of the information disclosed.

Who needs a general endowment schedule (GES)?

01
Individuals with endowment policies: Anyone who holds an endowment policy, regardless of the type (whole life, term life, or universal life), should have a general endowment schedule. It serves as an essential document for managing and organizing policy details.
02
Insurance agents and brokers: Professionals working in the insurance industry can benefit from having a general endowment schedule to keep track of their clients' endowment policies accurately. It helps them provide efficient and accurate services to their clients.
03
Estate planners and financial advisors: Estate planners and financial advisors may find a general endowment schedule valuable in the overall management of their clients' financial portfolios. It allows them to have a consolidated view of the endowment policies their clients hold.
In conclusion, filling out a general endowment schedule (GES) involves gathering necessary information, providing policy details, specifying beneficiaries, outlining payment structure, declaring additional provisions, and signing the document. This document is essential for individuals with endowment policies, insurance agents and brokers, as well as estate planners and financial advisors.
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