| Login | Sign Up
Contributor
Deepika Bharsakle
Posts: 39
Registered: ‎09-06-2017

If the insured expires in the accident, who needs to sign the claim form?

 
1 REPLY 1
Contributor
Suraj Bhagat
Posts: 25
Registered: ‎28-08-2017

Re: If the insured expires in the accident, who needs to sign the claim form?

Many of the Insurers encourage customers to declare nominee at the time of policy purchase itself.

 

In such a scenario, the benefit in case of accidental death is released to the nominee. However, in a scenario where the nominee is not mentioned, the benefit amount is released in favor of Legal Heir of the Insured (as defined in Indian Succession Act)