To change your policy from one branch to another branch of LIC (Life Insurance Corporation of India), you can follow these steps:
Contact Your Current Branch: Reach out to the LIC branch where your policy is currently registered. Inform them about your intention to transfer your policy to another branch. They will guide you on the necessary steps and documents required for the transfer.
Visit the New Branch: Visit the LIC branch where you want to transfer your policy. Inform the branch manager or the customer service desk about your request to transfer the policy from another branch. They will provide you with the required forms and assist you in completing the necessary paperwork.
Complete the Transfer Form: Fill out the policy transfer form provided by the new branch. This form will require details such as your policy number, policyholder’s name, policy type, current branch details, and the desired branch for transfer. Ensure that you provide accurate information to avoid any delays in the transfer process.
Submit Required Documents: Along with the transfer form, you may need to provide supporting documents, such as your policy document, identity proof (e.g., Aadhaar card, PAN card, passport), address proof, and any other documents specified by the new branch. Make sure to carry both original and photocopies of the required documents.
Verification and Processing: The new branch will verify the details provided and initiate the transfer process. They may also communicate with the current branch to validate the transfer request. The transfer process can take some time, so it’s advisable to follow up with both branches to ensure a smooth transition.
Receive Confirmation: Once the transfer is completed, you will receive confirmation from the new branch. They will update their records with your policy details, and you will be able to avail services and support from the new branch going forward.
It’s important to note that the specific process and requirements for transferring a policy between LIC branches may vary slightly depending on the branch and individual circumstances. It is recommended to contact both the current and new branches for detailed instructions and to ensure a seamless transfer.
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