Lic Discharge Form
What is Lic discharge form?
The LIC discharge form is a document that allows policyholders to officially request the termination of their life insurance policy. This form is essential when policyholders want to surrender their policy and receive the cash value of their investment.
What are the types of Lic discharge form?
There are three main types of LIC discharge forms based on the reason for policy termination:
Surrender Form 5074A
Death Claim Form 5127
Loan Repayment Form 5090
How to complete Lic discharge form
Completing the LIC discharge form is a straightforward process. Here are the steps to follow:
01
Fill in your policy details accurately
02
Select the type of discharge form applicable to your situation
03
Provide any additional documentation required
04
Sign and date the form
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Questions & answers
How do I fill out a discharge form?
The way to fill out the Discharge form on the internet: Use a check mark to indicate the answer wherever necessary. Double check all the fillable fields to ensure total precision. Use the Sign Tool to add and create your electronic signature to signNow the Discharge form. Press Done after you complete the form.
How can I fill LIC maturity discharge?
Documents Required for Maturity Claim Discharge Original LIC Policy Document. Identity Proof. Age Proof (if not submitted previously) Cancelled Cheque leaf or a copy of the Policy holder's Bank Passbook. NEFT Mandate Form (to transfer the maturity proceeds directly to the policyholder's account)
What is discharge form?
In the Discharge Form, the Applicant agreed to abandon all his rights to bring any further legal proceedings against the Respondent and/or its insurers arising out of the Accident.
How can I claim LIC maturity online?
a. If already registered on LIC Portal: Click on e-Services, login with your user-id and password. Register your policies for availing the e-services by filling up the form provided. Print the form, sign it and upload the scanned image of the form. Upload the scanned image of PAN Card or Aadhaar Card or Passport.
How can I get LIC maturity discharge?
It is our endeavour to settle your maturity claim on or before the due date....Online Forms Claim Form 'A' in Form No.3783. If policy has run for 3 years or more from date or risk, claim form no.3783A may be used. Certified extract from death register. The original policy document with Deed/s of assignment/s, if any.
What is 3510 form in LIC?
This is an Application Form 5704/3510 for the LIC policyholder who wants to surrender his/her life insurance policy or make a partial withdrawal from the policy fund and this form can be download from the link given below free of cost.
How do you fill LIC form No 3510?
How do you fill LIC form No 3510? The first consists of details like the name of the policyholder, policy number, date of submission of the form, maturity date, signature, and address of the policyholder. On the second page, you need to mention the details of the witness along with the signature.
Who can witness LIC discharge?
*(2) this discharge Form must be signed by the Life Assured and witnessed by a credible person who is conversant with the language of this form and knows the life assured.
Can I submit LIC maturity claim online?
Due to lockdown and policy restrictions, LIC allowed its policyholders to submit maturity claim related documents online. The required documents were required to be scanned and then submitted via email to the servicing branch.
Where can I submit LIC surrender form?
Reason(s) for policy surrender and the surrender form needs to be submitted at the nearest LIC of India branch, along with the following documents: Original policy documents. Canceled cheque with the policyholder's name on it.
