: It legally transfers the ownership, rights, and benefits of the policy back to the original assured.
: Both the assignor (current owner) and the assignee (new owner) must sign the form. These signatures must be witnessed lic of india reassignment form 3857
Once processed, verify that LIC has placed a physical reassignment stamp on the back of your original policy bond. To help tailor any further guidance, please let me know: : It legally transfers the ownership, rights, and
You will need to fill out and submit in the following scenarios: : It legally transfers the ownership
: The form requires the signatures of the assignees (current owners) and a witness to validate the transfer. Typical Use Cases Loan Security