Life Insurance - How to ensure that the Form of Discharge of LIC is signed properly?
be signed by:
  • The nominee in case a nomination exists in the policy, or
  • The assignee if the policy was conditionally or absolutely assigned, or
  • The holder (s) of legal representation obtained if the policy was neither nominated nor assigned, or
  • All the Class 1 heirs of the deceased policyholder according to the relevant personal law applicable if the Divisional office has waived proof of title.