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GROUP ASSURANCE AND SUPERFUND BENEFICIARY NOMINATION FORM FOR GROUP LIFE ASSURANCE BENEFITS (UNAPPROVED SCHEMES) Please complete using block letters This form is applicable for employer owned risk
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How to fill out beneficiary nomination form for

01
Step 1: Obtain a beneficiary nomination form from the relevant institution or organization.
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Step 2: Read the instructions and requirements carefully before filling out the form.
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Step 3: Provide your personal information, including your full name, contact details, and identification number.
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Step 4: Identify the beneficiaries by providing their full names, relationship to you, and their respective contact details.
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Step 5: Specify the percentage or amount that should be allocated to each beneficiary.
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Step 6: Review the form for accuracy and completeness.
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Step 7: Sign and date the form.
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Step 8: Submit the form to the designated person or department as per the instructions provided.

Who needs beneficiary nomination form for?

01
Individuals who wish to designate beneficiaries for their assets, insurance policies, retirement plans, or other financial accounts.
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People who want to ensure a smooth and orderly transfer of their assets after their demise.
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Anyone who wants to have control over who inherits their assets rather than leaving it to the default legal distribution.
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The beneficiary nomination form is used to designate one or more individuals as beneficiaries of a financial account, insurance policy, or retirement plan.
Individuals who have accounts or financial products that allow beneficiary designations, such as life insurance policies, retirement accounts, or investment accounts, are required to file a beneficiary nomination form.
To fill out the beneficiary nomination form, individuals should provide their personal details, specify the beneficiaries (including names, relationships, and contact information), and sign and date the form as required.
The purpose of the beneficiary nomination form is to ensure that the individual's assets are distributed according to their wishes upon their death, avoiding disputes and facilitating the transfer of assets.
The information that must be reported on the beneficiary nomination form typically includes the account holder's details, beneficiary names, their relationship to the account holder, and their contact information.
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