Lic Of India Reassignment Form 3857 [2021] Jun 2026

Once the loan is repaid, the policy does not automatically revert to the policyholder. A specific legal procedure must be followed to restore the policyholder's full rights. This procedure is known as , and the document used to facilitate this in the Life Insurance Corporation of India (LIC) is Form 3857 .

of requisite value or endorsed on the back of the policy bond. licindia.in Common Pitfalls to Avoid Incomplete Information lic of india reassignment form 3857

: The signatures of both parties must be witnessed by a competent person who is not a party to the contract. Filing and Submission Process LIC Policy Guidelines For Policy Holders Once the loan is repaid, the policy does

: Transferring policies between family members for inheritance purposes. Once the loan is repaid