Insurance act section 39
s.v.goplani
(Querist) 01 February 2010
This query is : Resolved
Dear sir,
I have changed nomination of my insurance policy from blood relative to non-blood relative. Which have been changed by birla insurance co. But nomination tab of policy & amendment lastly written that section 39 of insurance act overrides all affects of your nomination. Please clarify about section 39 of insurance act & oblige. Thanks.
s.subramanian
(Expert) 02 November 2010
Yes. Sec.39 alone would prevail.