Lic Of India Reassignment Form 3857 Repack -

The LIC of India Form No. 3857 is the official document used for the Absolute Reassignment of a Life Insurance Policy for Valuable Consideration. This form is typically required when a policy that was previously assigned (often to a bank or financial institution as security for a loan) is being transferred back to the original policyholder after the loan has been repaid. Key Purpose and Use Cases

Remember: You cannot use Form 3857 for nomination changes. For nominee updates, use Form 3818. lic of india reassignment form 3857

2. Obtaining the Form

The bank (Assignee) usually provides Form 3857. In some cases, the policyholder can download the standard form, but it must be executed (signed and stamped) by the Assignee (Bank). The LIC of India Form No

How to fill out LIC Reassignment Form 3857? Key Purpose and Use Cases Remember: You cannot