Surrender LIC Policy

Documents required to Surrender LIC (Life Insurance Corporation of India)  Policy before its maturity date


Its very important to plan our financial goals. Even more important is to have complete information and clauses of our investment.

Same is case when we invest in LIC Policy. Reason for investment in LIC policy may vary from person to person depending on their requirement, risk taking capacity, knowledge of investment options.

One of major problem which policy holder face is while they want to exit. As surrender value before maturity is quite less than the amount we have invested forget about the interest.


So if some one decides to exit then first check with home branch about exit value of your policy. If you still want to surrender policy below are the documents required during process.


1. Surrender application - Available in nearest LIC branch
2. Exit interview form    - Available in nearest LIC branch
3. NEFT Mandate - Bank Account Details where amount is to get transferred
4. Original Cancel cheque
5. Original Policy
6. Copy of pan card


Disclaimer: This information is just for general information and has to be validated with LIC office before acting on it.  Blogger won't  be responsible for any loss.