For change of nominee(s) / percentage of share under the Air Veterans Insurance Cover (AVIC) scheme the following documents are required to be forwarded:
On receipt of the fresh nomination, scanned copy of the same along with the AVIC cover period and amount will be emailed to the members.."
Wef Jan 20 the AVIC Nomination Form (AFGIS-224) has been revised/ simplified and there is no need of the nominee to sign the form.
Adjutant through I-Key iro Serving members and after retirement, the form to be duly signed by the air veteran only.
No, it is not. In case, any eventuality happens to the nominee, alternate nominee will get the AVIC benefits smoothly. Hence, it is advisable to nominate alternate nominee.
A member can nominate any of his family members as beneficiary viz spouse , children, parents, minor brother(s), unmarried sister(s), deceased son's widow and children where no parent of the member is alive. Paternal grandparents could also be nominated.
Legally adopted child can be nominated for AVIC benefit.