Download LIC Surrender Form
You can download the LIC Surrender Form No 3510/5074 in PDF Format for free by clicking the direct drive link below this page.
LIC Surrender Form
The LIC policyholder should visit the nearest branch of LIC and avail a surrender discharge voucher. The Surrender Discharge Voucher is called Form 5074. You should fill out the form and submit all relevant documentation when you submit your claim. Once the company processes your information, you will be able to receive a refund on your policy.
If your policy is surrendered or canceled after 3 years, you will recover 30% of your premiums paid, excluding the first year and accidental benefits. If you decide to surrenders your policy later on compared to earlier, it would be best for you. As of now, surrendering a policy is not possible online. You must surrender the policy in person at one of your local branches only.If your policy documents are written in a standard format, this will save time by making it easy for those working there at servicing branch to find them, providing a level of consistency throughout the company.
LIC Surrender Form PDF Download Link
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