Meet the .

Always keep a photocopy of the signed and witnessed Form 3857 for your records, and request an endorsement from the LIC branch on your policy bond document confirming the assignment.

Unlike modern digital forms, LIC Form 3857 has a specific old-school ritual. Here is the cheat sheet:

: Its most common use is to reassign the policy's rights and benefits back to the assured person once a financial obligation, like a bank loan, has been settled.