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Surrender

LIC of India      Change Insurer
        • 1 Visit the nearest Branch and kindly carry the following documents:
          • Policy Cancellation/Surrender Form (available at branch)
          • Original Policy Bond
          • Address Proof (In case of any change in address)
          • Original Pre-printed cancelled cheque
          • Standard ID proof of Proposer
        • 2 The confirmation of Surrender of Policy will be offered by the Insurer
          • 3 All documents should be self attested and submitted at
            Submit

            Important Things to Remember

            • All important terms and conditions should be verified before deciding to surrender a policy.
            • A policy cant be surrendered if the same has been assigned to any individual or an institution.
            • If the policy was taken under Married Women Property Act, then the form must be signed by the Appointed trustee.

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