Insurance Nomination Law Singapore. You must complete the prescribed nomination form and submit the original completed form to prudential assurance company singapore (pte) limited (“prudential”) for registration. It covers most assets such as cpf (if there wasn’t a cpf nomination made), hdb, bank accounts, investments, etc.
Sets out requirements for trust and revocable nomination on relevant life policy or accident and health policy, including the forms to be used for such purpose. (1) notwithstanding anything in the provisions of the english law or in any other written law, no muslim domiciled in singapore shall, after 1st july 1968, dispose of his property by will, or by any nomination under section 49m(2) of the insurance act (cap. As a policy owner, you can make nominations on your own insurance policies to distribute your policy proceeds according to your wishes.