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LIC policy surrender form 5074 PDF CLICK HERE TO DOWNLOADClaim Form \'A\' in Form No If policy has run for 3 years or more from date or risk, claim form NOA may be used. Certified extract from death

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How to fill out lic surrender form

01

To fill out the LIC surrender form, follow these steps:

02

- Obtain the LIC surrender form from the nearest LIC branch or download it from the official LIC website.

03

- Fill in the policyholder's details, including name, address, contact number, and policy number.

04

- Provide information about the policy, such as the plan type and sum assured.

05

- Indicate the reason for surrendering the policy and mention any additional remarks, if required.

06

- Attach required documents, such as the original policy certificate, ID proof, and address proof.

07

- Submit the filled-out form along with the necessary documents to the LIC branch.

08

- Keep the acknowledgement receipt safely for future reference.

09

Note: The process may vary slightly depending on the specific LIC branch and policy type. It is advisable to contact your nearest LIC branch for any additional instructions or clarifications.

Who needs lic surrender form?

01

Any individual who wishes to surrender their LIC policy needs the LIC surrender form.

02

This form is required by policyholders who have decided to terminate their existing LIC policy and receive the surrender value.

03

Whether it is due to the policyholder's changing financial circumstances or any other reason, anyone wanting to surrender their LIC policy must fill out this form.

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What is lic surrender form?

LIC surrender form is a form used to surrender an existing LIC policy.

Who is required to file lic surrender form?

Any policyholder who wishes to surrender their LIC policy is required to file the surrender form.

How to fill out lic surrender form?

The LIC surrender form can be filled out by providing all the necessary details such as policy number, personal information, reason for surrender, etc.

What is the purpose of lic surrender form?

The purpose of lic surrender form is to formally request the cancellation of an LIC policy and receive the surrender value.

What information must be reported on lic surrender form?

The lic surrender form requires policyholder's personal details, policy number, reason for surrender, bank details for surrender value payment, etc.

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