Malluzip - Married

: It prevents extended family members from claiming a share of the policy amount in a joint family or Hindu Undivided Family (HUF) setup. Who is Eligible?

: The benefits remain secured for the specified beneficiaries even if the couple later divorces. Married malluzip

: Once the policy is registered under the MWP Act, the beneficiaries cannot be changed or removed, ensuring long-term financial security for the family. : It prevents extended family members from claiming

: Only the named beneficiaries (wife and/or children) have legal access to the claim amount. Married malluzip