Legal Question in Insurance Law in Pakistan

a person having 3 children,get insurance. he make his nominee only one child. is it legal and safe way to protect the future of one child?


Asked on 2/22/11, 7:47 am

2 Answers from Attorneys

yes.if the policy has been taken for that child and ll be paid to her when she ll be major. then it ll be safe.

for more info do consult me at [email protected]

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Answered on 2/22/11, 6:26 pm
Salman Khan International Lawyer

nominee is not inheritor and all the children have right on succession.. nominee only has the duty to distribute share among the inheritors and its not safe if its disclosed to all. Do consult me at [email protected]

Regards,

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Answered on 2/23/11, 1:36 am


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