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LIC assignment form for bank loan plan application form for LIC policy. Loan at LIC policy. What is loan PDF. Loan form for LIC policy. LIC policy loan documents required. Updated: 20062023 6:08:52 Below are the key LIC loan details:Loan amount to 90% of the surrender valuate of interestStarting from 10.50% p.a.
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How to fill out lic assignment form for

01
Obtain the LIC assignment form from the LIC branch office or download it from the official LIC website.
02
Fill in your personal details such as name, address, contact information, etc.
03
Provide details of the policy being assigned including policy number, sum assured, etc.
04
Sign the form and make sure all the information provided is accurate.
05
Submit the filled out form along with any required documents to the LIC branch office.

Who needs lic assignment form for?

01
Anyone who wishes to transfer their LIC policy to another party or entity needs to fill out the LIC assignment form.
02
This form is required by individuals who are gifting or assigning their policy to someone else, or in case of a business transferring ownership of a policy.
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Lic assignment form is used to transfer ownership of a life insurance policy from one person to another.
The policy owner who wants to transfer ownership of the life insurance policy must file the lic assignment form.
To fill out the lic assignment form, the policy owner must provide their personal information, policy details, and the information of the new owner.
The purpose of the lic assignment form is to legally transfer ownership of a life insurance policy.
The lic assignment form must include personal information of the current owner, details of the policy, and information of the new owner.
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