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This document serves as a form for individuals to notify the life insurance corporation about changes in the nominated person to whom the benefits of an insurance policy will be paid in the event
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How to fill out nomination form form 3750 filled sample
How to fill out LIC nominee change form:
01
Obtain the LIC nominee change form from the nearest LIC branch or download it from the official LIC website.
02
Fill in your personal details such as name, address, date of birth, policy number, and contact information in the appropriate sections of the form.
03
Indicate the current nominee's details, including their name, address, and relationship to you.
04
Specify the percentage of the sum assured or policy benefits that you wish to assign to each nominee, in case multiple nominees are involved.
05
Provide reasons for the change of nominee, if required by the form.
06
Sign and date the form in the designated spaces provided.
07
Submit the completed form along with any necessary supporting documents, such as a copy of the policy document or identity proof, to the LIC branch from where your policy was issued.
Who needs LIC nominee change form:
01
Policyholders who have an existing life insurance policy from LIC and wish to change their current nominee.
02
Individuals who want to add or remove a nominee from their LIC policy.
03
Policyholders who have experienced a change in their relationship with the existing nominee and need to update the nomination accordingly.
Please note that the specific requirements for the LIC nominee change form may vary based on the policy and the rules and regulations of LIC. It is advisable to consult with an LIC representative or refer to the official LIC guidelines for detailed instructions on filling out the form.
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What is lic nominee change form?
The LIC nominee change form is a document used to update or change the nominee designated by a policyholder for receiving the benefits of the life insurance policy upon the policyholder's demise.
Who is required to file lic nominee change form?
The policyholder of a Life Insurance Corporation (LIC) policy is required to file the LIC nominee change form if they wish to change the designated nominee for their insurance policy.
How to fill out lic nominee change form?
To fill out the LIC nominee change form, provide necessary details such as policy number, the name of the existing nominee, the name of the new nominee, relationship with the nominee, and signature of the policyholder.
What is the purpose of lic nominee change form?
The purpose of the LIC nominee change form is to ensure that the policyholder can update their chosen nominee to reflect changes in their personal circumstances or preferences.
What information must be reported on lic nominee change form?
The information that must be reported includes the policy number, the current nominee's details, the new nominee's details, the relationship to the nominee, and the policyholder's signature.
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