Lic Of India Reassignment Form 3857 [2026]

: Without this form, the "title" or legal right to the policy money remains with the previous assignee (like the bank), even if you have finished paying your debt.

If the original policy document is lost while it was with the bank, the bank must provide a loss certificate. You will then have to apply for a duplicate policy document with LIC before the reassignment can be officially registered. lic of india reassignment form 3857

LIC will process the request and provide an official endorsement on the policy document, confirming the reassignment. Key Considerations for 2026 : Without this form, the "title" or legal

Once the loan is fully repaid, the lender transfers the policy rights back to you (the original Policyholder/Assignor). : Without this form