The name and official stamp/signature of the bank, financial institution, or individual who currently holds the policy rights.
You absolutely assigned the policy to a family member or third party, and both parties now agree to revert the ownership back to you. lic of india reassignment form 3857
If you take a policy loan directly from LIC, you assign the policy to them. After paying off the final installment of the principal and interest, Form 3857 is required to clear the lien. 2. Loan Repayment to a Bank The name and official stamp/signature of the bank,
The form consists of specific legal declarations that must be filled out accurately to avoid rejection. lic of india reassignment form 3857