- HDFC ERGO Community
- :
- Home Insurance
- :
- Home Insurance - Others
- :
- I am going in for a home insurance plan. Do I need...
06-01-2017 12:23 PM
06-01-2017 12:23 PM
I am going in for a home insurance plan. Do I need to have a nominee.
Solved! Go to Solution.
25-03-2022 10:19 AM
25-03-2022 10:19 AM
SolutionHi,
The purpose of making a nomination is to identify the individual to whom the insurer has to hand over the policy proceeds in case of the policyholder's death. Remember, nomination is mandatory in life insurance .
25-03-2022 10:19 AM
25-03-2022 10:19 AM
SolutionHi,
The purpose of making a nomination is to identify the individual to whom the insurer has to hand over the policy proceeds in case of the policyholder's death. Remember, nomination is mandatory in life insurance .