Rejection by Insurance company to add sister as nominee in my Policy

POSTED BY amit.kemani ON June 25, 2014 6:00 pm ONE COMMENT

Dear Experts,

My query is related to insurance sector.  I have a policy with a Insurance company. Earlier my mother was the nominee in my policy. 

But unfortunately last year my both parents expired. Now I have only one sister. She is married. I want to add her as nominee in my insurance policy. Then I request the insurance company to add my sister as nominee then they refuse on the ground that nominee should be under direct blood relation.

But when I checked the Insurance act and IRDA act, I didn’t found any such clause there. Please guide me whether Insurance company is correct or not and what I can do to fight against it.

Thankful in advance.

Regards
Amit Kemani 

One reply on this article “Rejection by Insurance company to add sister as nominee in my Policy”

  1. Hemanth Chandra says:

    Tell your insurance company about the same…. if possible take a printout of IRDA act and go to insurance company’s office and talk to them….

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