Until the reassignment is registered with LIC, the bank (or the assignee) remains the legal owner of the policy. If a claim arises during this period, the proceeds go to the assignee. To regain full control over your investment, filing Form 3857 is mandatory.
The form acts as a formal notice to the LIC Divisional Office. Key sections include: lic of india reassignment form 3857
LIC has modernized its services, making forms readily available online. You can obtain Form 3857 through the following methods: Until the reassignment is registered with LIC, the
The LIC of India Reassignment Form 3857 is used in the following situations: attach these documents:
When submitting Form 3857 to your LIC branch, attach these documents: