provided that the policy has not been assigned. If this option is elected and the deceased insured happens to be the policyowner as well, the beneficiary will become both the new policyowner and the new insured. If the deceased insured is not...
If you are not the named party on the bond certificate, you will have to explainyour right to access the bonds; for example, are you the parent or guardian of a minor, the conservator or legal representative of another adult, or the executor of the will of a now-deceased party? (Note...
The National Savings Certificate (NSC) is a government-backed savings bond that offers small investments and tax-saving benefits. It was introduced in the 1950s as a way to contribute to the nation’s development. You can purchase NSCs from any post office in India, making it accessible to ...
Currently, for a person to receive public support, all assets and income must pass a means test. Under present arrangements, the accumulated value of bond holdings would count towards assets and might lead to a reduced entitlement for help in paying for social care. Based on the current means...
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