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Access essential forms for LIC transactions effortlessly. Download a variety of forms for policy-related services and ensure a smooth experience with LIC India.
May 21, 2024 · Here is how to surrender your LIC policy online before maturity: Navigate to the LIC’s official portal and sign in using your credentials. Then, simply download the Surrender Discharge Voucher (LIC Form No. 5074). Fill it up carefully and submit the same along with the necessary documents to LIC.
Apr 23, 2021 · The Life Insurance Corporation of India or LIC provides a surrender form, namely LIC Form No. 5074, which is also the surrender discharge voucher. This form allows policyholders to initiate the policy surrender procedure.
Printout of the filled LIC surrender form (embedded on LIC's official website). A canceled cheque from the policyholder's registered bank. Government-issued ID proof such as a PAN Card, driver's License, Aadhaar Card, voter ID card, or Passports)
How To Surrender LIC Policy? Although surrendering your policy is not advisable, here are the documents you will need if you still wish to do so. Documents Required For Policy Surrender. Original policy bond documents. Request for surrender value payment. LIC Surrender form- form 5074. LIC NEFT form. Bank account details
You can surrender an LIC policy via a process termed as “surrendering of policies”. Here’s a comprehensive guide on the surrender of LIC insurance plans.
Surrender Value or Survival benefit due on _____ I have not dealt with the Policy in any other way. I/We_____ _____ do hereby acknowledge receipt from the Life Insurance Corporation of India of the sum of Rupees
Oct 16, 2023 · The surrender of an LIC policy is a process by which a policyholder can terminate their life insurance contract before its maturity date. When a policyholder decides to surrender their policy, they are essentially requesting the policy's premature cancellation in exchange for a sum of money known as the “surrender value”.
Surrender LIC Policy - want to surrender your LIC policy? understand the process, Eligibility, & Demerits of Surrendering, also check the required documents.
Aug 2, 2023 · The Life Insurance Corporation of India (LIC) offers a dedicated form for policy surrender, known as LIC Policy Surrender Form 5074. In this guide, we’ll take you through a step-by-step process on how to download, complete, and submit the LIC surrender form, ensuring a hassle-free experience.
