Change of name in investments after marriage
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 October 2013
I would like to know whether is it necessary to update my name change in my earlier investments(before marriage) I already have an updated Pan card with my change in surname.
RAMESH KUMAR VERMA
(Expert)
14 October 2013
you can change the existing nominations by cancelling the original ones and making new ones in F/O your wife,in this regard u does not require the consent of the earlier nominees for cancellation.
The first thing to be done is updating documents-getting the marriage certificate, applying for change of name in PAN card, u have already update now update voter ID card, bank accounts, and changing the nominee in investments and insurance policies.
Marriage brings responsibilities.So, the insurance cover should be increased. A pre-requisite is to buy a pure-protection life plan. Also, change the individual medical cover into a family floater policy with higher sum insured.
The first thing to be done is updating documents-getting the marriage certificate, applying for change of name in PAN card, u have already update now update voter ID card, bank accounts, and changing the nominee in investments and insurance policies.
Marriage brings responsibilities.So, the insurance cover should be increased. A pre-requisite is to buy a pure-protection life plan. Also, change the individual medical cover into a family floater policy with higher sum insured.
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