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Super Simplified ABN 36 526 795 205 USI 36 526 795 205 001Nominated (Nonbinding) Beneficiary Form This form is used to nominate your preferred beneficiary, to help the Trustee decide who should receive
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How to fill out non binding beneficiary nomination
How to fill out non binding beneficiary nomination
01
Obtain the non binding beneficiary nomination form from your insurance provider.
02
Fill out your personal details including your name, address, and policy number.
03
Specify the percentage or amount you would like to allocate to each beneficiary.
04
Provide the full name, date of birth, and relationship to you for each beneficiary listed.
05
Review the form to ensure all information is accurate and sign and date the form.
06
Submit the completed form to your insurance provider for processing.
Who needs non binding beneficiary nomination?
01
Anyone who has a life insurance policy and wants to designate who will receive the proceeds upon their passing.
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What is non binding beneficiary nomination?
Non binding beneficiary nomination is a way for policyholders to indicate who should receive the benefits of their life insurance policy when they pass away. It is not legally binding and can be changed at any time.
Who is required to file non binding beneficiary nomination?
Policyholders who wish to designate beneficiaries for their life insurance policy are required to file a non binding beneficiary nomination.
How to fill out non binding beneficiary nomination?
To fill out a non binding beneficiary nomination, policyholders must include the full name, relationship to the policyholder, and percentage of the benefit each beneficiary will receive.
What is the purpose of non binding beneficiary nomination?
The purpose of a non binding beneficiary nomination is to ensure that the policyholder's wishes regarding the distribution of their life insurance benefits are known and honored.
What information must be reported on non binding beneficiary nomination?
The non binding beneficiary nomination must include the full name, relationship to the policyholder, and percentage of the benefit each beneficiary will receive.
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