Estate Settlement of Group Insurance Policy

Started by TEA ENG PENG
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TEA ENG PENG

Member for Over 2 Years Member for Over 3 Years First Lesson Complete

Personal Group Insurance (E.g. SAF, SAFRA)

Can only distribute according to Will or ISA

Company Group Insurance (E.g. Employee Benefit)

Typically paid to estate but depend on the structure and term and condition too where the money could be paid to company first.

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0 points

Personal Group Insurance (E.g. SAF, SAFRA)

Can only distribute according to Will or ISA

Company Group Insurance (E.g. Employee Benefit)

Typically paid to estate but depend on the structure and term and condition too where the money could be paid to company first.