Dear Mr. Tan,
I have a will that distributes half of my estate to my wife and the other half to my parents. I have an insurance policy that nominates my wife to receive 100% of the proceeds.
When I die, how will the proceeds of my insurance policy be paid?
My understanding is that the nomination is more specific and it takes precedence over the will. However, i will post your question in my blog and see if a legal expert can comment on it.