Why The LIC Provision For Nominating Same Sex Partner Is Useless Without Marriage Equality
India, Oct. 20 -- LIC of India has recently confirmed that there is no legal bar on anyone for making their same sex partner a nominee in their insurance policies. This was in response to an RTI filed by a Kolkata-based queer couple, Suchandra Das and Sree Mukherjee.
The couple had filed RTI applications to both LIC and RBI with their queries of whether a person not related by birth, consanguinity, adoption or marriage can be a nominee, and both had said that they could. While Suchandra shared that LIC reverted with more clarity, in effect anyone, whether a stranger or a legal entity, can be nominated by the policy holder or the bank account holder.
Is this a new development?
Last year during the third anniversary of the decriminalizat...
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