https://www.taxtmi.com/caselaws?id=168430 The court held that the legal heirs of the deceased policy-holder, including the widow and minor son, are entitled to the sum assured under the life insurance policy, rather than the nominee named in the policy. The court emphasized that the nominee only has the right to collect the money and that the policy proceeds form part of the deceased's estate, to be distributed among the legal heirs. The court upheld the trial court's decision, dismissed the appeal, and ordered the appellant to pay costs to the respondents. en-us Tue, 22 Feb 1977 00:00:00 +0530 Fri, 27 Feb 2015 18:48:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168430 The court held that the legal heirs of the deceased policy-holder, including the widow and minor son, are entitled to the sum assured under the life insurance policy, rather than the nominee named in the policy. The court emphasized that the nominee only has the right to collect the money and that the policy proceeds form part of the deceased's estate, to be distributed among the legal heirs. The court upheld the trial court's decision, dismissed the appeal, and ordered the appellant to pay costs to the respondents. Case-Laws Indian Laws Tue, 22 Feb 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168430