Paragraph match score 83.7%
Page A-316
Glossary
Appointee: A person authorised to receive and manage the insurance claim amount on behalf of a minor nominee until they reach adulthood Nominee: The individual designated by the policyholder to receive the insurance payout after the policyholder’s death
Page A-329
Glossary
Nominee: The person chosen to receive the life insurance payout if the policyholder passes away Minor Nominee: A nominee below 18 years of age whose claim is managed by a guardian until adulthood