Insuremile
IRDAI/I NTAII/BA/51/2018
CIN: U72900KA2018PTC110119

Who receive Insurance benefit when insured and nominee both die? … When you die, then the nominee (will receive the benefits) and policy closes there itself (in many cases). However, if both policyholder and nominee both die during a policy period, then the legal heirs of policyholder will get the benefits.