Why you must Nominate?
In the event that there is no nomination made by the registered employee under sub-regulation (2), the Organization shall pay the death benefit to the spouse of the registered employee at the time of the registered employee’s death, or if the registered employee had no spouse at the time of death then to the registered employee’s surviving legitimate children in equal portions, or if there are no surviving legitimate children at the time of death, then to the father or mother, and if there is no surviving parent, then to the registered employee’s legal representative.
How do I nominate?
Once you register as a NRBFF member, you will receive a nomination form. This form must be fully completed and returned to the NRBF with all required documents. The form must be witnessed by another person. It is important to note that the witness cannot be your nominee.
Complete the Nomination Form, you need to:
- Write name(s) of your nominee(s)
- State the nominee(s) address and ensure that this is accurate should NRBF need to contact your nominee(s). Inform NRBF if there is any changes to this address.
- If you have nominated more than one person, then you must allocate the shares equal to 100%.
- Indicate the relationship you have with each nominee(s). (eg. father, son,..)
- Record the date of birth of your nominee(s)
- Sign the form infront of a witness and have the witness sign the form. Again, this witness cannot be a nominee.
- Ensure that birth certificates of all nominees, and yours, are submitted with the completed form.
How many can I nominate?
You can nominate as many people i.e.. your loved ones as you want as long as the allocated percentage totaled up to 100%
When do you change your nominee(s)?
You can change your nominee when:
- If you get married or re-marry
- If any of your nominees die
- If you want to change your nominees
To make changes to your nominees, complete the Nomination Form.