Court Denies Rs 50 Lakh Accident Claim to Heirs, Grants Nominee

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The Bombay High Court has ruled that a Rs 50 lakh accident insurance claim belongs to the deceased's mother, who was the nominee, not to his legal heirs. The judgment clarifies that a nominee acts as a trustee for the rightful legal heirs under insurance law. The court stated the nominee receives the funds to hold and distribute according to succession laws. This case stemmed from a dispute following a man's accidental death in 2018.

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