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Life Insurance

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How to ensure that the Form of Discharge of LIC is signed properly?

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be signed by:
  • The nominee in case a nomination exists in the policy, or
  • The assignee if the policy was conditionally or absolutely assigned, or
  • The holder (s) of legal representation obtained if the policy was neither nominated nor assigned, or
  • All the Class 1 heirs of the deceased policyholder according to the relevant personal law applicable if the Divisional office has waived proof of title.

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