There are two beneficiary types –Trust Nomination and Revocable Nomination. A Trust Nomination means you’ll give away all rights to your policy ownership. This means you can’t make any policy changes without getting your beneficiary’s approval. A Revocable Nomination means you can make policy changes without your beneficiary’s approval.
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Who can be the beneficiary? |
How can the details of the insurance including the beneficiary be changed? |
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Trust Nomination |
Your Spouse and/or Children only |
Either by:
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Revocable Nomination |
Anyone |
By submitting the revocable nomination form to revoke a nominee and add a different nominee |
To make a revocable nomination, we recommend using our convenient online submission option. You may complete the revocable nomination form and submit it securely through our Customer Portal, please click here for a step-by-step guide.
Alternatively, you may download and complete either the revocable nomination form or trust nomination form and submit the signed originals by hand or mail to: FWD Singapore Pte. Ltd., 6 Temasek Boulevard, #18-01 Suntec Tower 4, Singapore 038986.
For more details about nominating a beneficiary, please click here.