The Importance of Completing a Beneficiary Nomination Form

The importance of completing a Beneficiary Nomination form As an employee or fund member insured in terms of a group risk policy, when you die, the payment of the death benefit is made to your nominated beneficiaries in one of following ways:

• According to the fund rules (in the case of approved / fund benefits)

• According to a valid Beneficiary Nomination form (in the case of unapproved benefits).