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25 Jan

What is Nominee in LIC?

Nominee for LIC Policy

Who is nominee in LIC policy?

Nominee for LIC Policy – A nominee means a person who can elect to take your investment or handover your money on behalf of you. In case if you are not live or met sudden death the nominee will takeover your all responsibilities.

You can appoint your nominee yourself for all your investments & savings, blood relation only like Mother, Father, Spouse, Children’s and Siblings.


Nominee LIC FAQ

Q) Can I change my nominee name?
A) Yes, you can


Q) How many times can I change my nominee name?
A) You can change the number of times


Q) Can I put my best friend’s name as a nominee?
A) No. You can not.


Useful Links:

How to get LIC Duplicate Bond Paper?

How to Claim my LIC Policy Maturity Amount?

Advantages of LIC Online Account?

How to Create LIC Online Account?

Check Your Policy Status Online?

How can I check my LIC policy maturity amount without visiting the office?

What is Nominee? Definition of Nominee?

Why is Life Insurance Policy Important for All Individuals?

How can I check my LIC policy without registration?


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