You have to send a request for the change of the nominee to the insurance company. You have to sign the change of nominee in the nomination form, duly filled, with your signature and that of a witness. When you do make a nomination, you are the owner of the policy and the nominee cannot make any changes under the policy as long as you exist. Insurers usually recommend close family members to be nominees in any case.
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1 comments:
"Hey,
Nice post & it’s informative too. Here is online tool which doesn’t helps in this kind of issues, but helps people plant their insurance according to their needs & budget, especially health insurance & retirement plans.
Check this out at - http://www.simpleinsurance.co.in/
"
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