Legal Question in Insurance Law in Pakistan
A person, who has 5 children, but, he is interested to get education plan of his one small daughter.he need assurance that rest of his children will not get the share from maturity, and insurance company will pay the maturity amount to his nominee daughter.
Asked on 2/22/11, 8:07 am
1 Answer from Attorneys
yes he can do that . insurance policy can be obtain in one person name and that person ll be the only beneficiary in this case.
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Answered on 2/22/11, 6:23 pm
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