Lic Reassignment Form No 3857 Download Pdf ^new^ Here

After filling out the form and attaching the required documents, submit the LIC Reassignment Form No. 3857 to the nearest LIC office. The LIC agent or officer will verify the documents and process the reassignment.

Policyholders / LIC agents / Legal documentation reference Subject: Understanding Form No. 3857 – Assignment / Reassignment of LIC Policy lic reassignment form no 3857 download pdf

The (the entity currently holding the policy) must fill out and sign Form 3857. If it is a bank, they will typically use their official seal. 3. Submit to LIC Branch After filling out the form and attaching the

Form No. 3857 is specifically used for the of a life insurance policy. In the insurance world, "Assignment" means transferring the rights of the policy (usually to a bank for a loan). "Reassignment" occurs when those rights are transferred back to the policyholder once the obligation (like a loan repayment) is fulfilled. 🛡️ Common Use Cases: Policyholders / LIC agents / Legal documentation reference

The primary purpose of the LIC Reassignment Form No. 3857 is to facilitate the transfer of ownership of an LIC policy from one person to another. This form is used to:

Search for under the Assignment/Reassignment category. Click the link to open the PDF and save it to your device. Key Details Required in Form 3857