back arrow Back

Payout query regarding term life insurance

reply Share
22 Jan, 2023 by  DHANYA R


If the policy holder dies, who will get the payout if the life assured is his(policyholder) daughter? Please reply🙏

like like
Term Life Insurance

1 Answer

22 Jan, 2023
CEO, Insurance Samadhan

Dear Dhanya

What I understand the proposer is father and life insured is daughter. If father dies then life insured can be policy owner if daughter is above age 18 but she will have to submit a no objection from natural successor like mother .

If daughter is minor then a guardian name is given who will become policy owner post death of father .

Hope this clarifies.


Insurance Samadhan

like like
icon-comment 0 Comments
icon-reply Reply

Tired of dealing with call centers!

Get a professional advisor for life!


Rs. 1799


Discover the best tips for insurance every week!

Beshak is not regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and does not have any alliance or association with any Insurance business.
© Copyright 2023 Beshak Solutions Pvt. Ltd. All Rights Reserved.

Disclaimer: The content on the website is purely for information purposes for the public at large, and does not constitute personal financial advice for a specific individual reader.
If you are reading this, it means you love reading the fine print. Why not get paid for what you love doing - Join us by writing to now 🙂