How to change nominee in insurance policy
Insurance is a legal contract wherein the nominee is provided the benefits under the policy after the demise of insured. So, it is important that the policyholder provides nomination to avoid any hassles at the pay-out stage.
The process of nomination is extremely simple, all the proposer has to do is intimate the change in beneficiary by emailing the details to the life insurers or any other requirements your specific insurer may have. Image source: Pixabay