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Can change of nomination be done at any time? If yes, than how many times?

April 26, 2017nomination time times yes

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Can change of nomination be done at any time? If yes, than how many times?

1 Answer

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Posted

Change of Nomination can be done by the Policyholder any time during the term of the Policy and ANY number of times. For this, the policyholder has to give a notice in a prescribed form to LIC and getting it endorsed at the back of the Policy. Further, Nomination can be removed any time by the Policyholder without giving prior notice to the Nominee.