Lic Of India Reassignment Form 3857

Dear Sir/Madam,

is the official Deed of Reassignment used to transfer the ownership and benefits of a life insurance policy back to the original policyholder . This most commonly occurs when a policy that was assigned to a bank or financial institution as collateral for a loan is returned to the owner after the loan has been fully repaid. Key Content of Form 3857 lic of india reassignment form 3857

Form 3857 is LIC of India’s reassignment form used to transfer (reassign) the assignment of a policy from one assignee to another or to cancel/modify an existing assignment. It records details of the existing assignment, new assignee (if any), and required authorizations. Dear Sir/Madam, is the official Deed of Reassignment

: Depending on the specific case, LIC may require the reassignment wording to be copied onto a proper stamp paper It records details of the existing assignment, new