POSTED BY October 18, 2010 12:42 pm COMMENTS (9)ON
i have a doubt about nomination in term insurance in particular .and for others in general:
whether can a married person nominate only his/her spouse, children or can he/she nominate his/her parents also? i have some doubt that even if a married person nominated his parents, say before marriage, as per law , the insurance money in case of insured death would be available to spouse and children. what is correct provision?