How to Obtain a Duplicate LIC Policy Bond: Step-by-Step Guide for Lost Policyholders

How to get duplicate lic policy bond. what all forms and letter are required. where to get the forms and letter format

To get a duplicate LIC policy bond, you will need to follow the below steps:

STEP 1: Write a letter to LIC: Write a letter to the LIC branch where your policy is registered, informing them about the loss of your policy bond. Include details such as your policy number, date of issue, and the circumstances under which the policy bond was lost. You can find the address of your LIC branch on the LIC website or by calling their customer service helpline.

STEP 2: File an FIR: You will need to file an FIR with the local police station regarding the loss of your policy bond. The FIR is a mandatory document that you will need to submit to LIC along with your application for a duplicate policy bond.

STEP 3: Obtain an indemnity bond: An indemnity bond is a legal document that indemnifies LIC against any future claims that may arise in relation to your lost policy bond. You will need to obtain an indemnity bond on a stamp paper of appropriate value, from a notary public or an advocate. The format for the indemnity bond can be obtained from the LIC branch where your policy is registered.

STEP 4: Submit documents to LIC: Once you have obtained the FIR and the indemnity bond, you will need to submit these documents to the LIC branch where your policy is registered. You will also need to submit a written request for a duplicate policy bond, along with a fee for issuing the duplicate policy bond. The fee for issuing a duplicate policy bond varies based on the sum assured amount and can be found on the LIC website.

STEP 5: Wait for processing: Once you have submitted all the required documents and paid the fee, LIC will verify the documents and process your request for a duplicate policy bond. The processing time can vary depending on the complexity of the case and the workload at the LIC branch. You can check the status of your request by calling the LIC customer service helpline or by visiting the LIC branch where your policy is registered.

LIC provides the necessary forms and formats for the indemnity bond and the request letter for a duplicate policy bond on their website. You can download these forms and formats from the LIC website or obtain them from the LIC branch where your policy is registered.

LIC Policy Bond format of the letter

Here is a sample format for the letter to be written to LIC for requesting a duplicate policy bond:

Sample indemnity bond

Here is a sample format for the indemnity bond to be submitted along with the request letter for a duplicate policy bond:

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Note: Please note that this is only a sample format of an indemnity bond, and it is advisable to consult a legal professional before drafting one. The format of the indemnity bond may vary based on the specific requirements of LIC or the jurisdiction in which it is being executed.

Download forms to request duplicate policy bond

Add Internal and External Links

• Internal Links: Link to related articles on your website, such as:
  • LIC Policy Services
  • How to Update LIC Policy Details
• External Links: Reference authoritative sources:
  • LIC Official Guidelines
  • Download Form 3756

Q: How can I get a duplicate LIC policy bond?

A: To obtain a duplicate LIC policy bond, file an FIR, publish a newspaper ad, prepare an indemnity bond using Form 3756, complete LIC’s questionnaire, and submit all documents along with applicable fees to your LIC branch.