With effect from 1 Sep 09, changes in the Insurance Act have made it easier to nominate your beneficiaries to receive the life insurance proceeds. The above are pages extracted from the LIA Guide to Nomination which is available at
http://www.lia.org.sg/ftpsite/guide/NOB_Guide_Sep09Eng.pdf
One important point to note is that a will executed after the date of the nomination may revoke all earlier nominations.
If in doubt, always seek professional legal advice. :)
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