Sukrit R Kapoor Explains Legal Succession in Life Insurance Claims in Business Standard Feature

In the Business Standard article titled “How to ensure smooth payout of life insurance claims after a tragedy”, Sukrit Kapoor provides his insight into succession laws applicable to life insurance claims.
Addressing the scenario where the primary nominee or heir has passed away, he states:
“If the mother has passed away, then it will pass on to Class II heirs.”
His comment highlights the importance of understanding legal heirship and ensuring proper nomination and documentation to avoid complications during claim settlement.
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