Lic Of India Reassignment Form 3857 [verified] -

Meet the .

Think of your LIC policy as a property deed. Form 3857 is the "deed transfer" paper. Once you fill it out and submit it, the new person (the Assignee ) legally owns the policy's benefits—including the right to nominate someone else or even take a loan against it. lic of india reassignment form 3857

The signature of the authorized signatory of the bank, along with the official institutional seal, and the signature of at least one witness. Step-by-Step Process to Reassign Your LIC Policy Meet the

What happens if the original policy bond is lost while assigned to a bank? Once you fill it out and submit it,

Any corrections, white-out, or overwriting on Form 3857 can lead to instant rejection by LIC administrative officers. If a mistake happens, fill out a fresh form.