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Changing Nominee and creating Will
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26 Jun, 2021
by Srishti Agarwal
Can my term insurance nominee be changed at a later stage?
Can I create a will at a later stage of the policy?
This is from the perspective of an unmarried person.
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Dear Srishti,
You can change the nominee any number of times while your term policy is active.
A will is an independent & an overarching document that can be made all your assets. Term insurance proceeds can be included in your will any time during policy period.
Hope this helps. Please revert if you have any follow up questions.
Good Luck!
Asad Akbar