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LIC maturity claim is the final settlement of the policy in which the policyholder receives the maturity amount. LIC allows its customers to claim policies online through its portal.
LIC is one of the financial institutions to be established in India after independence. The full form of LIC is life insurance corporation and it was established in 1956. The main aim behind the establishment was to spread the message of life insurance in the country. Also, it was required to mobilize peoples savings.
Both maturity and death claims are settled in no more than 30 days from the date of receipt of all the documents.
Documents Required For Policy Surrender Original policy bond documents. Request for surrender value payment. LIC Surrender form- form 5074. LIC NEFT form. Bank account details. Original ID proof like Aadhar card, pan card or driving license. A cancelled cheque. Hand-written letter to LIC stating the reason to discontinue.
LIC has allowed its 113 divisional offices, 2048 branches, 1526 satellite offices and 74 customer zones to receive maturity claims documents from policyholders whose maturity payments are due, irrespective of the servicing branch of the policy.
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LIC maturity claim is the final settlement of the policy in which the policyholder receives the maturity amount. LIC allows its customers to claim policies online through its portal.
Full Form of LIC Life Insurance Corporation of India.
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.
Maturity Claims: 1) In case of Endowment type of Policies, amount is payable at the end of the policy period. The Branch Office which services the policy sends out a letter informing the date on which the policy monies are payable to the policyholder at least two months before the due date of payment.
LIC maturity claim is the final settlement of the policy in which the policyholder receives the maturity amount. LIC allows its customers to claim policies online through its portal.

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