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BINDING NOMINATION Please complete this form to make a binding death benefit nomination for your KISS Super account. A binding nomination provides you with certainty that in the event of your death

How to fill out binding nomination

How to fill out binding nomination

1. To fill out a binding nomination, follow these steps:
2. Gather all necessary information, such as full legal name, date of birth, and contact details of the nominated beneficiary.
3. Obtain a copy of the binding nomination form from your insurance provider or superannuation fund.
4. Read and understand the terms and conditions of the binding nomination.
5. Fill out the form accurately, providing complete information about the nominated beneficiary.
6. Make sure to sign and date the form in the designated areas.
7. Review the completed form and double-check for any errors or missing information.
8. Submit the filled-out form to your insurance provider or superannuation fund.

Who needs binding nomination?

1. Any individual who wishes to have control over the distribution of their insurance or superannuation benefits upon their death needs a binding nomination. It is particularly important for those who want to ensure that their benefits are passed on to specific individuals or entities according to their wishes. By making a binding nomination, the individual can prevent potential disputes or challenges to the distribution of their assets and ensure their desired beneficiaries receive the benefits.

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What is binding nomination?

A binding nomination is a legal instruction that determines who will receive your superannuation benefits upon your death.

Who is required to file binding nomination?

Anyone with a superannuation account can choose to file a binding nomination.

How to fill out binding nomination?

To fill out a binding nomination, you will need to complete a form provided by your superannuation fund and clearly state the full name and date of birth of your nominated beneficiary/beneficiaries.

What is the purpose of binding nomination?

The purpose of a binding nomination is to ensure that your superannuation benefits are distributed according to your wishes and avoid potential disputes among beneficiaries.

What information must be reported on binding nomination?

The binding nomination form typically requires details such as the full name, date of birth, and relationship to the member of the nominated beneficiary/beneficiaries.