Can I decide who receives my benefit(s)?

Answer:

As the Policy Owner, you have the option to nominate up to five (5) beneficiaries to receive benefits payable under your Policy, upon your death. The option to nominate a beneficiary is subject to the completion and return of this Nomination of Beneficiaries Form to Momentum Life and to the conditions listed in the Policy Wording.

If a beneficiary dies before the Policy Owner, their nomination to receive a share of the claim payment under the Policy ends. Their share is then proportionally distributed to the remaining beneficiary/ies (if applicable) unless the Policy Owner updates their Beneficiaries nomination.


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