Nomination And Declaration Form

Nomination And Declaration Form for Malaysia

Nomination And Declaration Form Template for Malaysia

Your data doesn't train Genie's AI

You keep IP ownership of your information

Generate a Bespoke Document

1. Select your governing law:

2. Enter your key requirements:

3. Create your document to edit, review or download

Download a Standard Template

Get our Malaysia-compliant Nomination And Declaration Form

4.6 / 5

4.8 / 5

Alternatively: Run an advanced review of an existing
Nomination And Declaration Form

Let ��Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Nomination And Declaration Form?

The Nomination And Declaration Form is a critical document in Malaysian financial and estate planning that enables individuals to legally designate beneficiaries for their insurance policies, EPF accounts, and other financial assets. This document is governed by several Malaysian laws, including the Financial Services Act 2013 and Islamic Financial Services Act 2013, depending on the nominator's religious status. It becomes particularly important in ensuring smooth transfer of benefits upon death, avoiding potential disputes and delays in benefit disbursement. The form must contain comprehensive personal details of all parties involved, clear nomination instructions, and proper witnessing to be legally valid. It's widely used across various financial institutions in Malaysia and can be either revocable or irrevocable, depending on the type of policy and the nominator's intentions.

What sections should be included in a Nomination And Declaration Form?

1. Personal Details of Policy Owner/Account Holder: Comprehensive identification details of the person making the nomination, including full name, NRIC/passport number, date of birth, and contact information

2. Policy/Account Information: Details of the policy or account for which the nomination is being made, including policy/account numbers and type

3. Religious Status Declaration: Declaration of whether the nominator is Muslim or non-Muslim, as this affects the application of relevant laws

4. Nominee Details: Full information about the nominee(s), including name, NRIC/passport number, relationship to nominator, and share of distribution

5. Nomination Terms: The specific terms and conditions of the nomination, including whether it's revocable or not

6. Trustee Appointment: Where applicable, appointment of trustee(s) for nominees who are minors or for policy moneys

7. Declarations and Acknowledgments: Standard declarations confirming understanding of the nomination's implications and truth of information provided

8. Witness Information: Details and signatures of witnesses as required by law

9. Signatures: Signature sections for all relevant parties including nominator, trustees (if any), and witnesses

What sections are optional to include in a Nomination And Declaration Form?

1. Alternate Nominee Details: Section for naming alternate nominees in case primary nominees predecease the nominator

2. Revocation of Previous Nomination: Section to explicitly revoke any previous nominations, if applicable

3. Shariah Compliance Declaration: Additional declarations required for Muslim nominators ensuring compliance with Islamic law

4. Consent of Spouse: Required for certain types of policies or accounts where spousal consent is necessary

5. Guardian Details: For cases where nominees are minors and require a legal guardian different from the trustee

6. Special Instructions: Any specific instructions regarding the distribution or management of the nominated assets

What schedules should be included in a Nomination And Declaration Form?

1. Schedule A - Additional Nominee Information: Detailed information about multiple nominees if space in main form is insufficient

2. Schedule B - Terms of Trust: Detailed terms and conditions for trustee appointments if applicable

3. Appendix 1 - Supporting Documents Checklist: List of required supporting documents to be submitted with the form

4. Appendix 2 - Guidance Notes: Explanatory notes on how to complete the form and legal implications of nomination

5. Appendix 3 - Witness Requirements: Detailed requirements for valid witnesses based on Malaysian law

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

Clauses

Relevant Industries

Financial Services

Insurance

Banking

Islamic Finance

Legal Services

Wealth Management

Employee Benefits

Retirement Planning

Estate Planning

Public Sector

Relevant Teams

Legal

Compliance

Policy Administration

Claims Processing

Customer Service

Risk Management

Wealth Management

Islamic Banking

Trust Services

Document Management

Operations

Relevant Roles

Insurance Agent

Financial Advisor

Bank Officer

Legal Counsel

Compliance Officer

Estate Planning Advisor

Wealth Manager

Trust Officer

EPF Officer

Claims Manager

Policy Administration Officer

Customer Service Representative

Risk Manager

Islamic Finance Specialist

Branch Manager

Find the exact document you need

No matches found.

Self Declaration Document

A legally binding written statement under Malaysian law where an individual declares certain facts to be true, made before authorized officials.

��������Ƶ

How Cambridge United Uses ��������Ƶ to Speed Up Player Signings and Slash Legal Costs

Generate a Bespoke Document

Download a Standard Template

What is a Nomination And Declaration Form?

What sections should be included in a Nomination And Declaration Form?

What sections are optional to include in a Nomination And Declaration Form?

What schedules should be included in a Nomination And Declaration Form?

Authors

Alex Denne

Find the exact document you need

Self Declaration Document

Customs Declaration Letter

Resident Declaration Form

Airport Declaration Form

Single Status Statutory Declaration

Signed Declaration Of Applicant And The Parent Legal Guardian

Self Declaration Form For Vehicle Ownership Transfer

Arrival Health Declaration

Affidavit Statutory Declaration

Sworn Declaration

Cargo Declaration

Salary Declaration Form

Referee Declaration Form

Medical Fitness Declaration Form

Employee Declaration Form

Supplier Declaration Form

Self Declaration Form For Birth Certificate

Residency Declaration Form

Police Declaration Form

Medical Declaration Form

International Declaration Form

Declaration Of Trust Form

Declaration Of Goods Form

Declaration Of Assets And Liabilities Form

Declaration Form For Courier

Customs Declaration Form

Custodian Declaration Form

Beneficial Ownership Declaration Form

Means Test Declaration Form

Statutory Declaration Applicant Form

Declaration In Application Form

Passport Self Declaration Form

Declaration Of Independent Contractor Status Form

Permit Declaration

Statutory Declaration

Custom Passenger Declaration Form

Airline Declaration Form

Self Declaration Form For Unemployment

House Rent Declaration Form

Birth Declaration Form

Sponsorship Declaration

Social Declaration Form

Power Of Attorney Declaration

Electronic Health Declaration

Declaration For Application Form

Court Declaration Form

Third Party Declaration

Self Declaration Form For Students

Self Attested Declaration Form

Quarantine Declaration Form

Guarantor Declaration Form

Employee Health Declaration Form

Customs Clearance Form

Declaration Of Guardianship

Declaration Form For International Travel

Application Declaration

Education Declaration Form

Declaration Form For Passport

Indemnity Declaration

Consent And Declaration Form

Birth Certificate Declaration Form

Visa Declaration Form

Simple Declaration Form

Residence Declaration Form

House Declaration Form

Declaration Of Ownership Form

Declaration Of Interest Form

Self Employed Declaration Form

��Ƶ

How Cambridge United Uses ��Ƶ to Speed Up Player Signings and Slash Legal Costs

�ұ�Ծ��’s Security Promise