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LIC assignment form no 5289 PDF 1 2 Prey 1 2 Next If you need to create a barcode and/or AUDI, the first step is to apply for an LIC assignment using the online form below. If you prefer, you can download a PDF of the LIC application form, complete and return it via mail or email. The assigned LIC identifies the registered company, not an individual product or device; it can be used across multiple product lines. The cost of an LIC assignment is based upon a companies gross annual sales and...
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How to fill out lic reassignment form

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How to fill out lic reassignment form

01
To fill out the LIC reassignment form, follow these steps:
02
Obtain the LIC reassignment form from the LIC office or website.
03
Read the instructions carefully and gather all the required documents.
04
Fill in your personal details, including name, address, contact information, and policy details.
05
Provide the necessary information about the new policyholder or assignee.
06
Attach any supporting documents such as ID proof, address proof, and policy documents.
07
Double-check all the information filled in the form for accuracy.
08
Sign and date the form.
09
Submit the completed form along with the required documents to the LIC office.
10
Keep a copy of the filled form and documents for your records.

Who needs lic reassignment form?

01
The LIC reassignment form is needed by individuals who want to transfer their life insurance policy to another person or entity. This may include policyholders who want to change the policy ownership or assign it to someone else, such as in the case of gifting or selling the policy.
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The LIC Reassignment Form is a document used to reallocate the rights and benefits of a life insurance policy from one policyholder to another.
The policyholders wishing to change the assigned beneficiary or transfer policy ownership must file the LIC Reassignment Form.
To fill out the LIC Reassignment Form, provide the policy details, the current assignee's information, the new assignee's details, and sign the form to certify the reassignment.
The purpose of the LIC Reassignment Form is to legally document and facilitate the transfer of rights and benefits of an insurance policy to another party.
The information required includes the policy number, details of the current holder, details of the new assignee, and signatures of both parties.
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