Can LGBTQ+ couples avail of home loans, family floater health insurance policies, and add-on credit cards? They can, but the options are few and far between. They also have to circumvent many restrictions.
A centralised mechanism for verifying and reporting the demise of an investor would significantly reduce the harassment and apathy faced by loved ones of the deceased.
The process can be done online by the primary holder of a jointly-held bank account. But for demat accounts and mutual fund folios, this requires the consent of all the joint holders and must be done via offline mode or physical submission of forms.