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ELECTION OF PARENT GOVERNORS MOSS HALL JUNIOR SCHOOL NOMINATION FORM I hereby nominate SURNAME FIRST NAME Please delete as appropriate: Dr/Mr/Mrs/Ms/Miss ADDRESS: TEL. NO. (home) TEL. NO. (work) MOBILE
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How to fill out lic nomination form for

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How to fill out LIC nomination form for:

01
Read the instructions: Before starting to fill out the LIC nomination form, carefully read and understand the provided instructions. These instructions will help you to fill out the form correctly.
02
Personal Information: The first section of the form requires you to provide your personal details. This includes your full name, address, contact information, and other relevant information as specified in the form.
03
Nomination Details: In this section, you need to provide the details of the nominee(s) - the person(s) who will receive the benefits of the LIC policy in case of your unfortunate demise. Fill in the nominee's name, relationship with you, address, and other necessary information asked for.
04
Nomination Percentages: Specify the percentage allocation of the sum assured that each nominee should receive. The total percentage allocated to all the nominees should add up to 100%. If you have only one nominee, allocate 100% to them.
05
Witnesses: Two witnesses are required to sign the LIC nomination form to validate it. Provide the names, addresses, and signatures of the witnesses as mentioned in the form.
06
Revocation of Previous Nominations: If you have made any previous nominations regarding the LIC policy, mention the details of those nominations in this section. If you wish to revoke the previous nominations, specify it clearly.
07
Fill in the Date and Place: Complete the date and place section at the end of the form. Write the date on which you are filling out the form and mention the place where it is being filled out.

Who needs LIC nomination form for:

01
Policyholders: Any individual who has an LIC policy should fill out the LIC nomination form. This form allows policyholders to ensure that their loved ones or chosen beneficiaries receive the policy benefits in the event of their demise.
02
Individuals with Dependents: If you have financial dependents, such as your spouse, children, parents, or any other family member, it is crucial to fill out the LIC nomination form. This form helps ensure the financial security of your dependents in case of an unfortunate event.
03
Individuals with Joint Policies: If you have a joint LIC policy with another person, it is advisable to fill out the nomination form to clearly state the shares and allocations to each nominee in case of death of any of the policyholders.
Note: It is important to regularly review and update the nomination details in your LIC policy, especially after significant life events like marriage, birth of a child, or any change in personal circumstances.
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It is used to nominate a person who will receive the proceeds of the policy in the event of the policyholder's death.
Any policyholder who wants to designate a nominee to receive the policy proceeds.
The form can be filled out by providing the nominee's details and the relationship with the policyholder.
The purpose is to ensure that the policy proceeds are distributed to the intended recipient upon the policyholder's death.
The nominee's name, address, relationship with the policyholder, and percentage share of the proceeds.
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