Get the free NON-BINDING DEATH BENEFIT NOMINATION FORM - energysuper com

NON-BINDING DEATH BENEFIT NOMINATION FORM To make a non-binding nomination, or to replace an existing nomination, please complete this form. Make sure you list ALL the names of the persons you wish

How to fill out non-binding death benefit nomination

How to fill out non-binding death benefit nomination:

1. Obtain the necessary documents: Contact your insurance provider or financial institution to obtain the non-binding death benefit nomination forms.
2. Review the instructions: Carefully read through the instructions provided by your insurance provider or financial institution. These instructions will guide you through the process of filling out the nomination forms.
3. Fill out personal information: Begin by entering your personal information on the nomination form. This typically includes your full name, address, contact information, and policy or account number.
4. Identify your beneficiaries: Specify the individuals or organizations that you want to receive the death benefit in the event of your passing. Provide their full names, addresses, and any other requested details.
5. Determine the allocation: Indicate the percentage of the death benefit you want each beneficiary to receive. Make sure to allocate the total sum to add up to 100%.
6. Review and sign the nomination: Carefully review the information you have provided on the form. Ensure that all details are accurate and complete. Once satisfied, sign and date the nomination form.
7. Submit the nomination: Follow the instructions provided by your insurance provider or financial institution to submit the completed nomination form. This may involve mailing it or submitting it electronically through their designated channels.

Who needs non-binding death benefit nomination?

1. Individuals with life insurance policies: Those who have life insurance policies may benefit from completing a non-binding death benefit nomination. This allows them to specify who should receive the death benefit upon their passing.
2. People with superannuation or retirement accounts: Individuals who have superannuation funds or retirement accounts often have the option to nominate beneficiaries for the death benefits associated with these accounts.
3. Individuals with investment accounts: Those who hold investment accounts, such as stocks or mutual funds, may also have the opportunity to designate beneficiaries for the death benefits associated with these investments.
4. Any person concerned about the distribution of their assets: Non-binding death benefit nominations can be relevant to anyone who wants to ensure that their assets are distributed according to their wishes after their passing. Having a nomination in place helps provide clarity and peace of mind regarding the division of the death benefits.

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