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Can a Minor Be Appointed as a Nominee in Life Insurance?

Clarifies if a minor can be a life insurance nominee, the need for an appointee, and how claims are managed until the nominee turns 18.

Written by : Knowledge Centre Team

2025-09-19

885 Views

8 minutes read

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Yes, indeed, you can appoint minors as beneficiaries or nominees in a life insurance policy. In fact, when you invest in a child plan the child is often a minor at the time of nomination. However, while nominating minors as beneficiaries of your life insurance policies, you will need to take care of a few things:

  • Provide guardian/custodian details for the benefit amount
  • Change/remove the guardian from nomination once the minor achieves the majority

If a claim occurs while the nominee is still minor, the life insurer will pay the benefit amount to the guardian/custodian of the child. The custodian has to invest the money safely so that it can be used for the welfare of the minor beneficiaries.

Premium Protection Option in Child Insurance Plans

Premium protection is a unique feature available in child insurance plans. This feature when selected can do away with the need to assign a guardian for the minor nominee. Here’s why:

  • The policy will pay the guaranteed death benefit upon the death claim
  • The insurer will continue to invest the remaining premiums on your behalf
  • The investment part of the policy will continue as it would while you were alive
  • Your child will receive the maturity benefit (usually payable after the child has reached 18 years of age)

Thus, the family will receive a smaller life cover immediately upon your demise, but the child’s future will also be adequately funded.

Disclaimer - This article is issued in the general public interest and meant for general information purposes only. The views expressed in this blog are solely those of the writer and do not necessarily reflect the official policy or position of Canara HSBC Life Insurance Company Limited or any affiliated entity. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. You should consult with a qualified professional regarding your specific circumstances before taking any action based on the content provided herein.

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