Change the Nominee in LIC Policy: Life Insurance Corporation of India is one of the biggest insurance providers which is operating in India. I can say they are one of the best options for those people who are planning to buy an insurance policy for them. Everyone should have an insurance policy for them because if we have a policy by our name we will be covered by it. But once you but a policy from them then you hold the rights to change the things associated with it.
Here I am talking about the things which are related to your insurance policy. Things like your name, address, contact details etc. But there is one thing which you should note and that is there are certain rules and regulations set for everything. Rules and regulations for changing name, address etc.
In this article, I will tell you how you can change the nominee in LIC Policy. As I have already told you that you reserve or hold the rights to change the things associated with your policy. You can change person whom you have nominated for the insurance policy which you have purchased.
How to Change the Nominee in LIC Policy?
So now it is time to get started with this article and learn how one can change the nominee in LIC policy. You can change it but to make this change you have to visit your home branch. Here I mean by the home branch is the branch of LIC where you had purchased your policy.
To change the nominee you have to fill a form which you will get from your home branch. And the form which you have to fill is Form Number 3750.
- The first thing you have to do is visit your home branch.
- Ask for the Form Number 370 from the officials working in your home branch.
- Fill all the details of your policy and new nominee in the form.
- And finally, submit the form and you are done with it.
This is the procedure which you need to follow to change the nominee in LIC Policy. For more details, you can contact your home branch from where you have purchased your policy. Please make sure that you verify the information mentioned here with an LIC officials before you use it in any way.