LIC Form 3855: The Essential Guide to Notice of Policy Assignment
If the issue is indeed fixed, follow these steps: lic form 3855 download fixed
: Used when assigning a policy for a loan (as collateral), for estate planning, or out of "love and affection" to a family member. How to "Download Fixed" (PDF Access) LIC Form 3855: The Essential Guide to Notice
Assignment is the legal process of transferring ownership of an insurance policy from the original owner (the ) to another party (the Assignee ). While the actual transfer is often recorded on the back of the policy bond or a separate deed, Form 3855 serves as the official notice that must be submitted to the LIC branch to ensure the transfer is registered in their records. Types of Assignment While the actual transfer is often recorded on