Document Checklist — What to Keep Safe
| Document | Priority | Why It Matters |
|---|
| 📄 Original Policy Bond | CRITICAL | Needed for ALL claims, loans, surrender. Legal proof of contract |
| 🧾 Premium Receipts | HIGH | Proof of payment. Needed for 80C tax claims |
| 👤 Nomination Form Copy | HIGH | Proves who gets the money. Essential for death claims |
| 🔄 Revival Letter | If applicable | Proof that lapsed policy was revived successfully |
| 📋 Assignment Endorsement | If applicable | Proof of ownership transfer (bank loan collateral) |
| 🛡️ Rider Addition Proof | If applicable | ADDB, CI rider documents for extra benefit claims |
| 📞 Agent Details | Good to have | Agent name, code, phone, branch. Helps nominee contact |
Safe Storage Tips
🏦
Bank Locker
Store originals in a bank locker. Fireproof, theft-proof. Share locker access with nominee.
☁️
Cloud Storage
Scan all documents. Save to Google Drive, email to yourself. Share folder with nominee.
📁
Home File
Keep photocopies at home in a labelled folder. Include agent contact and branch address.
How to Get Duplicate Policy Bond
If your original policy bond is lost, damaged, or stolen, follow these steps:
1
File an FIR
Visit nearest police station. File FIR mentioning policy number, SA, and that the bond is lost. Get the FIR copy.
2
Newspaper Advertisement
Publish a notice in a local newspaper about the lost policy bond. Mention policy number, your name, and ask anyone who finds it to contact LIC. Keep the newspaper clipping.
3
Visit LIC Branch
Go to your servicing branch with: FIR copy, newspaper clipping, ID proof (Aadhaar/PAN), and a written request letter for duplicate bond.
4
Submit Indemnity Bond
Execute an indemnity bond on stamp paper (format available at LIC branch). This protects LIC against fraudulent claims using the original bond.
5
Pay Fee
Approximately ₹25-50 duplicate bond fee (varies by SA and branch). Nominal amount.
✓
Receive Duplicate Bond
LIC issues the duplicate bond in approximately 30-45 working days. It will be stamped "DUPLICATE" and is fully valid for all purposes.
Documents Needed for Claims
💰 Maturity Claim
- Original policy bond
- Discharge voucher (Form 3825) — signed
- Cancelled cheque / NEFT details
- Photo ID proof (Aadhaar/PAN)
🛡️ Death Claim
- Original death certificate
- Original policy bond
- Claimant's statement (Form 3783)
- Photo ID of claimant (nominee/legal heir)
- Nominee proof / legal heir certificate (succession)
- NEFT details of claimant
- Hospital records (if death during hospitalisation)
- Employer certificate (for employed deceased)
🔄 Surrender / Loan
- Original policy bond
- Surrender/loan application form
- Photo ID proof
- NEFT details
What to Tell Your Nominee — The Handover Checklist
⚠️ CRITICAL: Share This With Your Nominee Today!
☐ Policy number(s) and plan name(s)
☐ Sum Assured and maturity date for each policy
☐ Location of original policy bond (locker, home file)
☐ LIC branch address and phone number
☐ Agent name, code, and phone number
☐ Premium schedule — when and how much
☐ Riders attached (ADDB, CI) for extra benefits
Thousands of crores of LIC money lies unclaimed because nominees did not know about the policy. Don't let this happen to your family.
💡 Expert Tip (Haresh Hirapara): In 20+ years, the most heartbreaking cases I've seen are families who didn't know a policy existed. The policyholder died, and crores sat unclaimed. My #1 advice: share a photocopy of every policy bond with your nominee TODAY. Write your agent's phone number on it. Also register on the LIC portal (licindia.in) and share your login credentials with a trusted family member. For duplicate bonds — don't panic if you've lost it. The process is straightforward: FIR → newspaper → branch → 30-45 days. The policy is alive even without the paper — it's in LIC's records. Consult your LIC branch for help.
Frequently Asked Questions
What documents should I keep safe?+
Must-keep: Original policy bond, premium receipts, nomination form copy. Also keep revival letter, assignment docs, and agent details. Store in bank locker + digital copies in cloud. Share with nominee.
How to get duplicate policy bond?+
FIR → newspaper ad → visit LIC branch with ID proof → submit indemnity bond → pay fee (~₹25-50) → receive duplicate in approximately 30-45 days. The duplicate is fully valid. Consult your branch for current requirements.
What documents for maturity claim?+
Original policy bond + discharge voucher (Form 3825) + cancelled cheque/NEFT details + ID proof. LIC usually sends the discharge form before maturity. See our
Claim Guide.
Is e-policy bond valid?+
Yes, e-policy is legally valid for all purposes — claims, loans, assignment. Download from LIC portal. Keep both digital and physical copies. You can request physical copy from your branch.
Lost my policy number — how to find it?+
SMS LICPOLICY to 9222492224 from registered mobile. Or login to
licindia.in. Or call LIC customer care 022-68276827 with PAN and DOB. Or visit branch with ID proof. Check old bank statements for auto-debit references.
Should I tell my nominee about the policy?+
ABSOLUTELY YES. Share policy number, SA, maturity date, bond location, branch, and agent details. Thousands of crores lie unclaimed because nominees didn't know. Share a photocopy today. Consult your branch for help.
⚠️ Disclaimer
This article is for educational and informational purposes only. LIC-Calculator.com is not affiliated with LIC of India. Document requirements, duplicate bond process, and fees are approximate based on publicly available information. Actual requirements may vary by branch. For official information, visit licindia.in.
This is not financial advice. Please consult your LIC branch for specific document requirements.