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Legal Heir Can't Seek Details Of LIC Policy: Information Commission

Legal Heir Can't Seek Details Of LIC Policy: Information Commission

NDTV
Monday, October 03, 2022 11:47:24 AM UTC

The legal heirs also cannot seek details of the insurance policy, if they are not mentioned as the nominee, reckoned the Central Information Commission (CIC).

The beneficial nominee of a life insurance policyholder is eligible to receive the proceeds of a life insurance claim in the event of the policyholder's death. However, the nominee must be an immediate family member- parent, spouse, or children. In that case, the legal heir will not have a claim on the money.

The legal heirs also cannot seek details of the insurance policy, if they are not mentioned as the nominee, reckoned the Central Information Commission (CIC). 

The CIC's order came in connection with an appellant filing an appeal under the Right to Information Act, 2005 before the Central Public Information Officer (CPIO), Life Information Corporation of India (LIC), Chhattisgarh.

The appellant asked for the details of nominees and policies held by his late father, reported The Financial Express.

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