The authorized heirs additionally can’t search particulars of the insurance coverage coverage.

The useful nominee of a life insurance coverage policyholder is eligible to obtain the proceeds of a life insurance coverage declare within the occasion of the policyholder’s demise. Nonetheless, the nominee should be an instantaneous household member- father or mother, partner, or youngsters. In that case, the authorized inheritor is not going to have a declare on the cash.

The authorized heirs additionally can’t search particulars of the insurance coverage coverage, if they don’t seem to be talked about because the nominee, reckoned the Central Info Fee (CIC). 

The CIC’s order got here in reference to an appellant submitting an attraction beneath the Proper to Info Act, 2005 earlier than the Central Public Info Officer (CPIO), Life Info Company of India (LIC), Chhattisgarh.

The appellant requested for the small print of nominees and insurance policies held by his late father, reported The Financial Express.

The request, nonetheless, was turned down by the CPIO after which, the appellant filed a primary attraction (FAA), searching for the knowledge on November 18, 2020. Nonetheless, CPIO’s order was upheld. Unhappy with the order, the individual filed a second attraction, an order which was handed final month, the report added.

The LIC CPIO, in an order dated September 21, 2022, mentioned that disclosing the small print of the insurance policies to the appellant would have an effect on the business curiosity of the third social gathering. The order famous that offering such info was exempted beneath part 8 (1) (d) of the RTI Act, 2005.

The CIC ordered that the advantages of the insurance policies can solely be offered both to the policyholder or the beneficiary (nominee) as indicated within the coverage.

“The Fee observes that simply because the appellant is the authorized inheritor of his deceased father doesn’t give him the suitable to obtain the requested info. Therefore, the authorized heirs don’t have any proper to obtain the policy-related particulars,” the order famous.

Adjudging that the authorized inheritor does not give the appellant the suitable to obtain the request for the knowledge, the order mentioned that the fee was proper in denying the request. 

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