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What happens if I do not nominate anyone for my insurance policy?
In the absence of a nomination for an insurance policy, the proceeds from the policy would be considered as part of your estate and would be distributed according to Faraid.
For more related questions visit: https://ask.gov.sg/muis.
Related questions
Do I have to follow faraid portions for CPF nomination?
If I am the sole nominee of the CPF nominations of my deceased family member, must I distribute it to other family members by Faraid? If a valid CPF nomination has been made, can a Faraid heir who has not been nominated claim a portion of the deceased member’s CPF savings?
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What is the religious ruling on Revocable Insurance Nomination?
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How do I nominate WMS for my insurance pay-out?
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