Who will receive the benefit payout from my policy when I die?
It’s up to you! You can choose who you would like to benefit from your life insurance policy.
All you need to do is tell us who you would like to benefit from your Life Protect policy, and we will arrange it. You can nominate up to five beneficiaries, who will receive the proceeds of your lump sum payout in the event of your death. This could be your partner, or your partner and your kids, or it could be friends or a charity. If you have any questions about this, please contact us. To avoid any delays, it’s important that the Nominated Beneficiaries Form is completed, so please don’t hesitate to speak to one of our friendly customer service consultants to assist you in this process.
For full details, please refer to the PDS.