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Life Insurance Will Creation

Secure your family's future with Life Insurance Will Creation Service. Learn more today.

Easily change your coverage
Easily change your coverage
Change your policy term
Change your policy term
Starting at just ₹534/mo
Starting at just ₹534/mo
Let's build a perfect life insurance cover for you
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ARN: L0053 | *T&Cs Apply

ARN: L0054 | *T&Cs Apply

health plus
Let's build a perfect life insurance cover for you
Your Name
Your gender
Male
Female
Have you smoked in the past 12 months?
Yes
No
Your age
Your pin code
Your phone number
+91
ARN: L0053 | *T&Cs Apply

Home / Life Insurance / Will Creation Service

What is a Will?
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A will, also known as a 'Last Will and Testament,' is a legal document that outlines your wishes regarding the distribution of your assets, property, and possessions after your passing. It allows you to specify who should inherit your belongings and ensures your wishes are honoured. Creating a will is a responsible and thoughtful way of caring for your loved ones and making their lives easier in difficult times.

In this article, we'll explore the importance of will creation in India and why even those in their prime years should have one.

Will Creation Service
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Creating a will in India may not be at the top of your to-do list, especially if you're a young adult just starting your financial journey. However, having a will is not just for the elderly or the wealthy. It's a crucial legal document that everyone, including young people, should consider. 

Besides extensive coverage, affordable premiums, and unmatched flexibility, ACKO Life Flexi Term Plan provides free access to our Will Creation Service, a bonus benefit for you to make use of. You can easily create your will digitally in minutes to safeguard your assets and your legacy.

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Why do Young People Need a Will?
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Among all the reasons why young people need a will, three key motivations include:

Uncertainty of Life
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One of the key reasons why young people should consider creating a will is the uncertainty of life. No one can predict when accidents or unexpected illnesses might happen. Having a will ensures that your wishes are clear and legally binding, protecting your assets and ensuring they go to the right people.

Protecting Your Loved Ones
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If you're a young person with dependents, such as children, parents, or siblings, a will is even more critical. By naming guardians for your dependents in your will, you can ensure their well-being and provide them with a stable future.

Business Interests
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If you own a business, a will can outline your wishes for its future. This can help ensure a smooth ownership or management transition, preventing disputes among business partners or family members.

7 Things to Remember While Creating a Will
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Creating a will is an essential part of planning for your family's future, especially when you're considering the ACKO Life Flexi Term Plan. Here are some important things to remember as you embark on this critical journey.

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A digital will is not valid: Only a signed physical copy is
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When creating a digital will, remember that it won't be considered legally valid unless you have a physical copy signed by two witnesses. This means you'll need two trusted individuals affirming that the will accurately represents your wishes. It's an extra layer of protection to ensure your intentions are carried out as desired.

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Multiple beneficiaries can be named
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You're in control of who gets what. In your will, you can name multiple beneficiaries, allowing you to divide your assets and property among your loved ones as you see fit. This flexibility ensures you can provide for your family and other people or causes close to your heart.

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You are the creator of your will
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As the creator of your will, you hold the power to make important decisions regarding the distribution of your assets. Your choices reflect your values and wishes, and the will serves as a way to ensure your loved ones are taken care of, even when you're not around.

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Appoint an executor
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Appointing an executor is crucial. This person is responsible for carrying out the instructions in your will. Choose someone you trust, as they'll be the one making sure your wishes are followed through. It's an important role that should not be taken lightly.

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Percentage-wise distribution of investments
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Your will can specify how your assets, like investments in mutual funds, should be distributed among your beneficiaries. Whether you want an equal split or have different percentages in mind, your will allows you to make these wishes clear.

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Funeral wishes honoured
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Your last valid will can also specify your funeral wishes. Whether you want a particular service, burial, or cremation, your will ensures your wishes are respected. It's a way to ease the burden on your loved ones during a difficult time.

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Creating a will is not as complex as it may seem. While it's recommended to seek legal advice to ensure everything is done correctly, the signature of two witnesses makes your will legally binding. This means you can take the first steps on your own and consult a legal professional if you have any questions.

Creating a will under the ACKO Life Flexi Term Plan empowers you to safeguard your family's future and ensure your assets are distributed according to your wishes. Remember that it's a personal and caring act that brings peace of mind. With these important points in mind, you can confidently plan for the future, knowing that your loved ones will be taken care of when the time comes.

Why Choose ACKO Life?
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At ACKO Life, we prioritise your needs at every step. You have complete control over your life insurance, whether managing your policy online, customising coverage options, or accessing customer support whenever needed. Here's what sets us apart as the right choice for you:

Frequently asked questions
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Here are some common questions about will creation in India.

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What is a Will?

A will is a legal document that outlines your wishes regarding the distribution of your assets, property, and possessions after your passing. 

How can I make a legal will in India?

When you buy the ACKO Life Flexi Term Plan, you can get free access to our Will Creation service. You can use this service to create a valid will in India.

Who can make a will?

Any individual of sound mind who has reached the legal age of adulthood, i.e., 18 years old, is eligible to create a will.

Is will on plain paper valid?

Yes, a will written on plain paper is valid if two witnesses sign it.

How can I make a will without a lawyer in India?

You can create a will without a layer in India with the help of ACKO’s Will Creation Service under the ACKO Life Flexi Term Plan.

Is a will without a witness valid?

No, a will without a witness’s signature is not valid.

Is a will valid without being registered?

Yes, an unregistered will that contains a witness signature is still valid and legally binding. However, it is always a good idea to get it registered.

Is handwritten will valid in India?

Yes, a handwritten will is valid in India if it has the signatures of two witnesses.

Is signature mandatory in Will?

Yes, signatures are mandatory in a will to make it legally binding.

Disclaimer: The plans, services, features, processes, and other details mentioned on this page are subject to availability and changes. Please check the applicable policy wordings before making any insurance-related decisions. Feel free to reach out to us at hello@acko.com for any queries.