Lic Of India Reassignment Form 3857 |top| -

LIC Reassignment Form 3857 is the official document used to transfer ownership of a life insurance policy back to the original policyholder after a loan has been repaid or a previous assignment has ended Key Features and Purpose Reversion of Rights

• If the policy has an existing loan/charge.
• If assignment involves minors, deceased policyholder, or court orders.
• If large consideration or complex trust/estate implications exist.
• If you need branch-specific fees, processing time, or notarization rules.

Part B – Details of the Assignor (You):

Once LIC verifies the documents, they will register the reassignment in their records. An endorsement is made on the policy bond stating: "Reassigned to [Policyholder Name] vide Deed of Reassignment dated [Date]" . This restores the policyholder’s absolute rights to the policy. lic of india reassignment form 3857

The "Safety Net" You Didn't Know You Needed: A Review of LIC Form 3857