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LIFE INSURANCE CORPORATION OF INDIA CBO 3/838 F.NO 5074 FORM OF RECEIPT FOR SURRENDER VALUE OF POLICY NO : On the life of ___for Rs.___ Dated ___I / We___ do hereby acknowledge receipt from LIFE INSURANCE
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How to fill out lic surrender formfill out

01
To fill out the LIC surrender form, follow these steps:
02
Download the LIC surrender form from the official LIC website or collect it from the nearest LIC branch.
03
Fill in your policy details such as policy number, name of the policyholder, and date of birth.
04
Provide your contact information including address, email, and phone number.
05
Fill in the reason for surrendering the policy and mention any additional details if required.
06
Attach photocopies of supporting documents such as policy documents, ID proof, and address proof.
07
Review the filled form and make sure all the information provided is accurate.
08
Sign the form and submit it to the nearest LIC branch or send it through registered mail.
09
Keep a copy of the filled form and supporting documents for your records.

Who needs lic surrender formfill out?

01
Anyone who wants to surrender their LIC policy needs to fill out the LIC surrender form.
02
This includes policyholders who no longer require the insurance coverage, want to switch to a different insurance provider, or are facing financial difficulties and need to surrender the policy to receive the surrender value.
03
It is important to note that surrendering a policy may result in the loss of any benefits or coverage provided by the policy, so it is recommended to thoroughly assess the consequences before proceeding with the surrender.
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The LIC surrender form is a document that policyholders use to formally request the surrender of their Life Insurance Corporation policy.
Policyholders who wish to terminate their LIC policy and receive the surrender value are required to fill out and file the LIC surrender form.
To fill out the LIC surrender form, provide personal details, policy number, date of surrender, and sign the form, ensuring all information is accurate.
The purpose of the LIC surrender form is to officially notify the LIC company of the policyholder's desire to surrender the policy and to initiate the payout of the surrender value.
The LIC surrender form must include personal identification details, policy number, reason for surrender, and the policyholder's signature.
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