Reassignment Form Of Lic [repack] ✯ 〈FULL〉

The consideration/debt for which the policy was assigned has been fully discharged. I/We request you to register this reassignment in your books and return the policy document with the necessary endorsement.

Disclaimer: Insurance policies are subject to terms and conditions. This article is for informational purposes only. Please consult your LIC branch or a legal advisor for the latest forms and procedures, as they may change over time. reassignment form of lic

Subject: Reassignment of LIC Policy No. [XXXXXXXX] The consideration/debt for which the policy was assigned

Sincerely, [Signature of Assignee] [Signature of Original Policyholder] The LIC reassignment form (Form 317) is a critical document for restoring your full ownership rights over a life insurance policy. Whether you have just paid off a loan or resolved a financial obligation, do not forget to complete this legal formality. A policy that remains assigned to a third party (like an old lender) is not under your control—so always ensure reassignment is done promptly and registered with LIC. This article is for informational purposes only