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Nonlapsing death benefit nomination form TOTAL CARE PLAN Supervised by Colonial First State Investments Limited ABN 98 002 348 352 ADSL 232468 (CSIL) the trustee of Colonial First State FirstChoice

How to fill out non-lapsing death benefit nomination

How to fill out non-lapsing death benefit nomination

1. To fill out a non-lapsing death benefit nomination, you need to follow these steps:
2. Obtain the appropriate form from your insurance company or superannuation fund.
3. Read the form carefully and understand the information required.
4. Provide your personal details, including your full name, date of birth, and contact information.
5. Nominate the beneficiaries who will receive the death benefit in the event of your death.
6. Specify the percentage or amount that each beneficiary should receive.
7. Review the nomination form for accuracy and completeness.
8. Sign and date the form to make it legally valid.
9. Submit the form to your insurance company or superannuation fund as instructed.
10. Keep a copy of the filled out form for your records.

Who needs non-lapsing death benefit nomination?

1. Anyone who has a life insurance policy or a superannuation fund should consider filling out a non-lapsing death benefit nomination.
2. This nomination ensures that the death benefit is distributed according to your wishes and avoids any potential disputes or complications.
3. It is especially important for individuals who have dependents or specific beneficiaries in mind.
4. By completing a non-lapsing death benefit nomination, you can have peace of mind knowing that your loved ones will be taken care of financially in the event of your death.

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What is non-lapsing death benefit nomination?

Non-lapsing death benefit nomination is a designation made by the policyholder to ensure that the insurance benefits will not lapse or be forfeited upon their death.

Who is required to file non-lapsing death benefit nomination?

Policyholders of certain insurance policies are required to file a non-lapsing death benefit nomination.

How to fill out non-lapsing death benefit nomination?

To fill out a non-lapsing death benefit nomination, the policyholder must complete the necessary form provided by the insurance company and submit it according to the instructions provided.

What is the purpose of non-lapsing death benefit nomination?

The purpose of non-lapsing death benefit nomination is to ensure that the insurance benefits are passed on to the intended beneficiaries without any delay or risk of forfeiture.

What information must be reported on non-lapsing death benefit nomination?

The non-lapsing death benefit nomination form typically requires the policyholder to provide the details of the nominated beneficiary/beneficiaries.