Lic Of India Reassignment Form 3857 Jun 2026

Think of your LIC policy as a property deed. Form 3857 is the "deed transfer" paper. Once you fill it out and submit it, the new person (the Assignee ) legally owns the policy's benefits—including the right to nominate someone else or even take a loan against it.

Both witnesses must sign. Their addresses should be complete. Unsigned witness sections = immediate rejection. lic of india reassignment form 3857