Suncorp Easy Super Death benefit nomination form 2025

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For the nomination to be valid and binding, each person you nominate must be either your legal personal representative or a dependant at the time of the nomination, and at the time of your death. a child of the persons spouse; or 3. A person in an interdependent relationship with you.
How do I make a binding death benefit nomination? Non-lapsing nominations can be made via your online account or by completing and returning the Binding death benefit nomination form. Lapsing nominations can only be made by completing and returning the Binding death benefit nomination form.
A nomination form (or a letter of wishes) allows the pension scheme member to tell the trustees/administrators who they would like to benefit on death. The nomination helps to guide scheme administrators/trustees with their decision making.
The disadvantages of making a BDBN include: the complexity of ensuring your BDBN is validly made. There are many cases where small issues have affected the validity of a BDBN; just like your Will, you need to review your BDBN regularly and ensure it stays appropriate for your changing circumstances; and.
A nominee in insurance is the person appointed by the policyholder to receive the insurance benefits in case of the policyholders death. This ensures that financial support is provided to the intended individual.

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Binding death benefit nomination: This is a written direction from a member to their superannuation trustee setting out how they wish some or all of their superannuation death benefits to be distributed. The nomination is generally valid for a maximum of three years and lapses if it is not renewed.
A binding nomination instructs AustralianSuper how to pay your death benefit if you die. A binding nomination comes into effect from the date we accept it. Lapsing binding nomination This nomination will expire three years from the date you sign the form.
You can nominate someone to receive a lump sum on death benefit if you die using the lump sum on death benefit nomination forms. If you have a partner, but are not married or in a civil partnership, you may also be able to nominate them to receive an adult dependants pension using a separate form.

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