Insurance

Partners: Nominated beneficiaries too much of a grey area

Wednesday 28th of August 2019

The insurer has said it received a slight increase in requests to include details of nominated beneficiaries on policies in recent weeks. 

That had prompted it to clarify its position.

Nominated beneficiaries are people identified as being intended to receive the proceeds of a policy.

This method is most commonly used to avoid having to set up multiple policies, to...

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