I had bought a life insurance policy 10 years ago. Now I want to change the names of the beneficiaries. Can you please tell me how I can do this?
Lalita Shankar, Bangalore
Don’t worry; you can change the nominee in the policy that you have as many times as you wish during the tenure of the policy. The procedure to change the nomination is also very simple and straightforward. Insurers ask to fill a nominee change request form. They may require proof of the relationship with the new nominees. Typically, this process has to be done offline via hard copy forms available at the branches of insurers.
