Lic Discharge Form
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People also ask
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What is form 3825 in LIC?
Maturity Claims: The servicing Branch usually sends maturity claim intimations two months in advance. Please submit your Discharged Receipt in Form No.3825 with original policy document atleast one month before the due date so that the payment is received before the due date of maturity claim.
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What is a discharge of insurance policy?
As with any contractual obligation, once the customer accepts the determination, the insurer's contractual obligations are said to be discharged, and the customer does not have any further rights to exercise under the policy.
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How to withdraw money from LIC after maturity?
Once your LIC policy matures, you receive the final maturity amount from the insurer. To get the final payment, LIC customers have to make claims. You can submit a LIC maturity claim online. LIC customers have the option to electronically submit their documentation via the LIC site instead of physically submitting it.
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What is the discharge form in LIC?
Death Claim Discharge Form No 3801 for LIC Policies. This file contains the Discharge Form for Death Claims under LIC policies. It is essential for nominees to acknowledge the receipt of claim amounts.
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What is the meaning of discharge voucher?
The purpose of discharge vouchers or settlement agreements is to ensure that employees relinquish any claims they may have against the employer. The courts have held that discharge vouchers are. valid contracts between the employer and the. employee and the employee cannot claim against.
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How to fill a discharge voucher?
In Consideration of approval of my claim referred above, I/We hereby accept from (name of the Insurance Company) the sum of Rs. (approved net Claim amount)in full and final settlement of my/our claim arising out of . . . . . . . . .which occurred on(date of loss) covered under Policy No. . . . . . . . .. .
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What is the discharge form in LIC?
Death Claim Discharge Form No 3801 for LIC Policies. This file contains the Discharge Form for Death Claims under LIC policies. It is essential for nominees to acknowledge the receipt of claim amounts.
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What is a discharge voucher in LIC?
The Insurance Companies are using 'discharge voucher' or “settlement intimation voucher” or in some other name, so that the claim is closed and does not remain outstanding in their books.
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