Along with Form No 3857, you may need to submit the following documents:
Before surrendering your LIC policy, consider the following: form no 3857 lic
Used in cases where the primary policy bond is missing. When Do You Need This Form? Along with Form No 3857, you may need
This form usually requires the signature of a witness who is not a beneficiary. Often, this should be a person of standing, such as a Gazetted Officer, a bank manager, or an LIC agent of certain seniority. Often, this should be a person of standing,
Form No. 3857 is officially known as the or a supplementary verification form. It is typically required when the original policy document is lost, or when there is a slight discrepancy in the claimant's details that requires a formal declaration. Key Purposes
If you are dealing with the Life Insurance Corporation of India , Form 3857 is an Assignment Form used to legally transfer ownership of a policy, most commonly used when pledging a policy as collateral for a bank loan. It must be stamped and submitted to the LIC branch to be valid.