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Thread: Nominee or Beneficiary for life insurance?

  1. #1
    NewBie
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    Mar 2009
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    Exclamation Nominee or Beneficiary for life insurance?

    Is Nominee or Beneficiary are necessary for any life insurance?




  2. #2
    PolicyWala Fan narayan's Avatar
    Join Date
    Apr 2009
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    Meerut
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    Quote Originally Posted by Dhruv View Post
    Is Nominee or Beneficiary are necessary for any life insurance?
    It is not necessary to have Nominee or Beneficiary, but it helps at the time of claim. The sum insured is given to the nominee, in case something happened to policy holder or insured.


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