How to ascertain that the Discharge Voucher of LIC is signed correctly under differing circumstances?
This table shows who should sign the form of discharge in respect of a maturity claim under different circumstances:
|
Circumstances |
Who should sign the Discharge Form |
| Policy on own
life which has not been assigned |
The life assured
|
|
Joint Life policy
which has not been assigned |
Both the lives
assured |
| Policy which
has been conditionally assigned |
Both the assignor
and the conditional assignee |
| Policy which
has been absolutely assigned |
The absolute
assignee |