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Money tasks after death in family: What happens to life, health, motor insurance policies after death of policyholder

Money tasks after death in family: What happens to life, health, motor insurance policies after death of policyholder
Money tasks after death in family: What happens to life, health, motor insurance policies after death of policyholder

Synopsis

Life, health and vehicle insurance each come with their own set of rules for how the insurance cover will be dealt with after the death of a policyholder. Find out who gets the benefits and if the policy expires in each case.

After the death of a policyholder, it is legal heir or nominee who will get the benefits of the insurance policy. Who will get it, will depend on the type of insurance policy, i.e., whether it is life insurance, health insurance or vehicle insurance policy. Each come with their own individual set of rules regarding how the insurance cover will be dealt with after the death of a policyholder.Here is a look what happens to life, health, motor
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