If the deceased had a supplementary pension, the accrued pension will be paid out to the beneficiaries. The beneficiaries will be required to use this capital to purchase a surviving dependants’ annuity, such as the ABN AMRO Nabestaanden Leefrente (Next of kin annuity).
If the deceased had an annuity and received regular pension benefits, these will be paid out to the beneficiaries as the ABN AMRO Nabestaanden Leefrente.
If the deceased had a Koopsom Garantie (single premium life insurance) policy or Lijfrente Garantie (guaranteed annuity) policy, these will be paid out by the insurer to the beneficiaries specified in the policy. The beneficiaries will then be required to use this capital to purchase a surviving dependants’ annuity.
Additional rules or other options will apply in many cases. With pension products too, we can only quote specific amounts once we have established that you are responsible for handling the inheritance.