Group life benefits provide a vital source of financial support to bereaved families, so it is important they are distributed as quickly as possible by the scheme trustees. Hold-ups can arise if members have died without indicating who they would like to receive scheme benefits in the event of their death.
Our new online facility, unique in the market, makes it easy for members to make and change their beneficiary nominations, with their choices being held in a secure online document store.
Registered Group life applicants will be offered the facility in their application form. Members are invited by email to make their nominations, so we will need an email address for each of them included in the policy start data. Clients must therefore be willing and able to supply email addresses if they want to use the facility. If any are unavailable at inception, they can be included in future data refreshes.
Existing policyholders can choose to access the facility, and provide email addresses, at their next rate review.
More information about how the facility works can be found here.
Along with our competitive premiums, online administration and well-established
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