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Maturity Claims: The policyholder is requested to return the Discharge Form duly completed along with the Policy Document, NEFT Mandate Form (Bank A/c Particulars with supporting proof), KYC requirements etc. .

Ans: If the insured or policyholder meets the terms of the policy at the expiration of the policy, they are entitled to receive 40% of the initial Sum assured in addition to various related bonuses and also the additional bonus amount.

The person legally entitled to receive the policy monies should give intimation of death of the policyholder to the servicing Branch. The requirement for the claim are as given below: Claim Form 'A' in Form No.3783. If policy has run for 3 years or more from date or risk, claim form no.3783A may be used.

a) Claim form A – Claimant's Statement giving details of the deceased and the claimant. issued under M.W.P. Act. The following additional forms are called for if death occurs within three years from the date of risk or from date of revival/reinstatement.

SURRENDER VALUE DISCHARGE FORM. DISCHARGE OF SURRENDER VALUE POLICY NO.

Life Insurance Corporation of India - Glossary.

How Can I Claim LIC Maturity Online? Step 1: Visit the official website of LIC. Step 2: Click on the “Customer Services” tab and select the “Claim Forms” option. Step 3: Choose the Maturity claim form based on the policy type. Step 4: Fill in the form with the required details and attach the necessary documents.

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.