LIC Surrender Form 2025 - Summary
This is an application for the LIC Surrender Form (Form No. 5704/3510) designed for LIC policyholders who wish to surrender their life insurance policy or make a partial withdrawal from the policy fund. You can download this form in PDF format for free from the link below.
Understanding LIC Surrender
Surrendering a policy means opting out before its maturity, and the amount you receive at that time is known as the LIC policy surrender value. Generally, for regular policies, the LIC policy surrender value can only be calculated after the policyholder has continuously paid premiums for at least 3 years. However, it is important to note that surrendering a policy is usually not advisable, as the LIC surrender value will often be quite low. If a policy is surrendered before 3 years, no surrender value is given.
Documents Required for LIC Surrender Form 2025
Surrender Policy
- Original policy documents
- Canceled cheque with the policyholder’s name on it
- If the canceled cheque does not have a pre-printed name or account number, a passbook copy or bank statement showing the pre-printed name and account number is needed
- ID proof (PAN Card, Aadhaar Card, Passport, Driving License, Voter ID)
- Policy surrender or cancellation form
- Latest contact details
- NRE bank statement reflecting any premiums paid from the NRE account
Partial Withdrawal
- Original policy documents
- Copy of the CI or YPD submitted for the withdrawal request (bring original documents for verification at the branch)
- Canceled cheque of the insured’s name
- If the canceled cheque does not have a pre-printed name and account number, a passbook copy or bank statement showing the pre-printed name and account number is required
- ID proof (PAN Card, Aadhaar Card, Passport, Driving License, Voter ID)
- Pay-out form
- Latest contact details
- NRE bank statement reflecting any premiums paid from the NRE account
Contact Details
You can reach out to LIC of India using the options below:
Call: 022 6827 6827 / 18004259876 for Health Insurance policies
SMS: LICHELP <pol.no.> to 9222492224 or SMS LICHELP <pol.no.> to 56767877
Mailing Address:
Corporate Office,
Yogakshema Building,
Jeevan Bima Marg,
P.O. Box No – 19953,
Mumbai – 400 021
If you need to access the LIC Surrender Form No 3510/5074, you can easily download it in PDF format online through the link below.
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