Lic Of India Reassignment Form 3857 __full__ -

| Feature | Form 3855 (Assignment) | Form 3857 (Reassignment) | Form 3818 (Nomination) | | :--- | :--- | :--- | :--- | | | Transfer ownership rights to another person. | Transfer rights back to original owner. | Appoint a person to receive claim amount. | | Direction | Policyholder → Assignee. | Assignee → Original Policyholder. | Policyholder → Nominee. | | When to use | Taking a loan, gifting a policy. | After loan repayment, canceling assignment. | At policy start or after life changes. | | Who signs | Assignor (Policyholder). | Assignee (Bank or person). | Policyholder. |

Disclaimer: This article is for informational purposes only. LIC of India rules and forms are subject to change. Always refer to the official LIC website or consult a legal advisor for matters specific to your policy. Share it with anyone who has taken a loan against their LIC policy. Stay informed, stay financially secure. lic of india reassignment form 3857

Life Insurance Corporation of India (LIC) , the country’s premier insurance provider, manages crores of policies. Over time, circumstances change—policyholders may pass away, assignments may need to be cancelled, or the ownership of a policy might need to be transferred from one person to another. In the complex world of policy servicing, one document often creates confusion and urgency: LIC of India Reassignment Form 3857 . | Feature | Form 3855 (Assignment) | Form

If you have been asked to submit Form 3857, or if you are a nominee or legal heir trying to transfer an existing policy into your name, this guide is for you. We will break down what Form 3857 is, when to use it, the step-by-step process, required documents, common mistakes, and frequently asked questions. LIC Form 3857 , officially known as the “Reassignment Form,” is used to transfer the rights, title, and interest of a life insurance policy from one person (the assignee) back to the original policyholder (the assignor) or to another eligible person. | | Direction | Policyholder → Assignee

Always ensure that the assignee (bank or individual) signs Form 3857 promptly. Keep a copy of the submitted form and the acknowledgment from LIC. When in doubt, visit your LIC branch or consult a certified LIC agent.