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STATE OF CALIFORNIA HEALTH AND HUMAN SERVICES AGENCY CALIFORNIA DEPARTMENT OF SOCIAL SERVICES COMMUNITY CARE LICENSING DIVISION LIC 995A CH 8/08.
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How to fill out lic995a - cdss ca
How to fill out LIC 995A:
01
Start by downloading the LIC 995A form from the official website of the Life Insurance Corporation of India (LIC).
02
Fill out your personal details such as your name, address, contact information, and policy number (if applicable).
03
Provide accurate information about the nominee, including their name, age, relationship to you, and their percentage of the claim in case of any unfortunate event.
04
Specify the policy details, such as the type of policy, policy number, and sum assured.
05
Indicate the mode of payment you prefer to receive the claim amount, whether it is through electronic transfer, demand draft, or other means.
06
If applicable, mention any loans or assignments against the policy by providing relevant information.
07
Include any additional documents or forms required for the claim process, such as a death certificate or medical reports.
08
Review the filled-out form to ensure all the information is accurate and complete.
09
Sign and date the form before submitting it to the LIC branch or designated authority.
Who needs LIC 995A:
01
Policyholders: Any individual who holds a Life Insurance Corporation of India (LIC) policy may need to fill out the LIC 995A form in case of a claim settlement.
02
Nominees: The nominee assigned by the policyholder to receive the claim amount in the event of the policyholder's unfortunate demise may need to fill out LIC 995A.
03
Legal heirs: In case the nominee is unable or unwilling to claim the policy proceeds, the legal heirs of the policyholder may need to fill out LIC 995A to claim the amount.
Note: It is advisable to consult with LIC officials or insurance advisors to ensure the correct procedure and requirements specific to your policy and circumstances.
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What is lic 995a?
lic 995a is a form used to report information about life insurance policies.
Who is required to file lic 995a?
Insurance companies are required to file lic 995a.
How to fill out lic 995a?
lic 995a can be filled out online or submitted by mail to the appropriate regulatory agency.
What is the purpose of lic 995a?
The purpose of lic 995a is to provide transparency and accountability in the insurance industry.
What information must be reported on lic 995a?
Information such as policyholder details, policy values, and commissions must be reported on lic 995a.
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