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DEFENDANTS PROTECTION SCHEME NOMINATION Former Policyholder, DEFENDANTS PROTECTION SCHEME (DPS) NOMINATION Your Defendants Protection Scheme (DPS) nomination with NTSC Income will terminate on 1 April
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How to fill out dependants protection scheme nomination

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How to fill out dependants protection scheme nomination

01
Obtain the dependants protection scheme nomination form from the relevant authority or insurance provider.
02
Fill in your personal details such as name, NRIC number, address, and contact details.
03
Indicate the name and relationship of your dependants who you wish to nominate for protection.
04
Specify the percentage of the sum assured that you would like each dependant to receive.
05
Sign and date the form before submitting it to the appropriate party for processing.

Who needs dependants protection scheme nomination?

01
Individuals who have dependants such as spouses, children, or elderly parents who rely on them for financial support.
02
Those who wish to ensure that their dependants are taken care of in the event of their untimely demise.
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The dependants protection scheme nomination is a formal process where an individual designates beneficiaries who will receive certain benefits or entitlements in the event of their death.
Individuals who are part of the dependants protection scheme, typically employees, are required to file this nomination to ensure their chosen beneficiaries receive the benefits.
To fill out the dependants protection scheme nomination, individuals must obtain the nomination form, accurately provide personal details, list the beneficiaries along with their relationships, and sign the document as required.
The purpose of the dependants protection scheme nomination is to ensure that the financial support or benefits intended for dependants are distributed according to the individual's wishes after their passing.
The nomination must typically include personal details of the nominee, names and relationships of the beneficiaries, as well as any relevant identification numbers required by the scheme.
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