Re: I am going in for a home insurance plan. Do I need to have a nominee.
Hi,
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 .
Re: I am going in for a home insurance plan. Do I need to have a nominee.
Hi,
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 .
