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IDBI Federal Life Insurance      Change Insurer
        • 1Visit the nearest Branch and kindly carry the following documents:
          • Form Of Assignment
          • Original Policy Bond
          • Photograph of Assignor and Assignee,(Not required if assigned to bank)
          • PAN Card of Assignor and Assignee
          • ID Proof of Assignor and Assignee
          • Address Proof of Assignor and Assignee (Both mailing & permanent),
          • Income Proof of Assignee - If total annual premium is more than 1 lakhs
          • Standard ID proof of Proposer
        • 2Once the required changes are done, the insurer will provide a confirmation for the same
          • 3All documents should be self attested and submitted at

            Submit at Nearest Branch

            Pincode or city does not exist.
            The above addresses are suggested on the basis of pincode you have provided

            Important Things to Remember

            • The assignment of a Policy shall automatically cancel any nomination made in the Policy.
            • For cases where the assignment is in favour of an individual or financial institution,then the Assignor must get the signature of the Authorised Signatory on the company seal
            • Appointee Signature will be required in cases where the assignee is minor.
            • No KYC required if assignment is to a Bank or Financial Institution

            Need OneInsure Help?

            Assignment of a life insurance policy simply means transfer of rights from one person to another. To know how to get it done, follow the procedure mentioned above or raise a service request through OneInsure.
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