Your Nominee Details Deserve a Ten-Minute Review

Nomination is often completed quickly at the end of a proposal form and forgotten. Years later, the address is old, the nominee is still described as a minor or a major life event has changed the policyholder’s wishes.

A periodic check is simple and far kinder than leaving relatives to untangle stale records.

Check every policy, not only life cover

Review life and health policies as well as any other contract that records a nominee. Confirm the spelling, date of birth, relationship, contact details and allocation where more than one nominee is allowed.

Pay attention when a nominee is a minor

Check whether an appointee is recorded and whether those details remain suitable. Keep the acknowledgement for any change request with the policy schedule.

Nomination and legal succession are related but not identical questions. For estate planning or family disputes, take qualified legal advice instead of relying on a form alone.

• Review after marriage, divorce, a birth or a death.
• Tell the nominee where policy records are stored.
• Update contact details after moving or changing phone numbers.

One last thought

The form takes minutes. The clarity it gives your family can matter for months, so put the review next to your annual insurance renewal checklist.

Coverage, exclusions, limits and claim requirements vary by insurer and policy. Read the customer information sheet and policy wording before you buy or renew.