IRDA

This is good decision. In fact, there should be nominee wheneve payment is expected. I think there should be nomination in Boddunan also regarding earning on the site.

Yes good idea gulshan ji this could be the better option also.

Now-a-day everywhere nominee is required. Recently when I invested in SBI gold fund I had to give the nominee name then only I came to know about the importance of nominee. I agree that its good decision

This is a good decision taken by IRDA which will help the nominees to collect their dues.

Good decision taken by the IRDA. We must encourage this.

this is a good thing.nominees are an absolute necessity.the system of having nominees for motor insurance is quite worthwhile considering the number of accidents taking place daily.

Nominees are required these days in every field like banking, insurance and investment.

This is good. Actually one should make nominee for any type of insurance he / she makes.