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Insurance Law

This query is : Resolved 
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(Querist)
29 June 2010 When a policy holder passes away. then the policy money will go to whom? The Second holder or the spouse of the person
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
29 June 2010 the policy money will go to nominee. In the absence of nominee spouse will be the owner of the money.

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