Question

When can a policyholder nominate a family member/s to receive the policy moneys?

a.

Only at the time of policy issuance.

b.

Only during the tenure of the policy.

c.

At any time, including during the tenure of the policy.

d.

Only after the maturity of the policy.

Answer: (c).At any time, including during the tenure of the policy. Explanation:The insured can nominate a family member/s to receive the policy moneys at any time, including during the tenure of the policy.

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Q. When can a policyholder nominate a family member/s to receive the policy moneys?

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