Beneficiaries
Ad hoc payments
Payments that are separate from monthly expenses and are made at the time when they are needed (such as school fees).
Certificate of existence
A form that is used to update your information and confirm that you’re alive.
Beneficiary guide
A booklet that gives you information about how the Alexander Forbes Beneficiary Fund works.
Termination date
The date a beneficiary reaches the age of majority that applies to him or her, or the date which is written in the beneficiary’s beneficiary certificate.
Limit for other payments
Limit for other payments (annual capital limit) The yearly limit of how much money you receive for other payments, other than the regular monthly income.