Want legal openion on LIC
2 years ago
Agar mere father lic me paisa jama karwa rahe hain...and..bhot sare family issues ke wajah se main agar apne father se relationship tod deta hu to wo LIC ka money kiske account me ayega?mere ya mere father ke or agar wo mujhe force kr rahe h ki paise unhi ke account me ane chaiye to mujhe kya karna chaiye please meri madat kariye
Tanmoy Chattopadhyay
Responded 2 years ago
A.Everything would depend on the details that was filled in the application form. Now since the policy is in your name and I am assuming its a life insurance policy and you are talking of survival benefit then you can approach any LIC agent to fetch the details of the policy and then change the bank account details of the beneficiary and that way you can get the money directly into your account.
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A.If the LIC policy is endowment policy then on maturity the amount will come to the account of beneficiary whose account is updated with LIC. If it is life coverage then it will come to the beneficiary or to the nominee account. If you want the money to come to your account then you have to get your account details to be updated as either beneficiary or as nominee with the LIC.
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Madhulika Bhatnagar
Responded 2 years ago
A.Hello, generally LIC policies cover two individuals - the policy holder and the nominee. The LIC money will go to the account of the policy holder which is registered with them.
In the event of the policy holder's death, the money goes to the nominee.
In the event of the policy holder's death, the money goes to the nominee.
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Ayantika Mondal @ Prime Legal
Responded 2 years ago
A.Hello
You LIC maturity amount would credited to your account if it's in your name otherwise in your fathers name. Also contact your LIC brooker for better understanding.
If you find this review helpful kindly rate. thank you.
You LIC maturity amount would credited to your account if it's in your name otherwise in your fathers name. Also contact your LIC brooker for better understanding.
If you find this review helpful kindly rate. thank you.
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A.hello sir
The money of your LIC will be credited to the account of person in whose name LIC was created and whose account number is linked to your LIC.
If you find this review helpful Kindly rate. Thank You
The money of your LIC will be credited to the account of person in whose name LIC was created and whose account number is linked to your LIC.
If you find this review helpful Kindly rate. Thank You
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