Tuesday, February 28, 2017

LIC form 3815

Form No 3815
Life Insurance Corporation of India


To all to whom these presents shall come ________________________________________
________________________________________________________________________
(Name of All Payees & Surety)
____________________________________________________________________________
(Name of all residence of Payee/s)
____________________________________________________________________________
Inhabitants send Geetings wheres a Policy of Insurance Numbered ___________________ for Rs. ____________________  we granted on _________________________by the Life Insurance Corporation of India, established by the Life Insurance Corporation Act, 31 of 1956 (hereinafter referred to as the Corporation) on the life of  ________________________________________
                                      (Name of Policyholder)
and whereas _____________________ (Policy No. or Assignment Deed Dated)__________ which was in the possession of ___________________________  has been lost or misplaced.                                                                                                    (Name of Policyholder)
And whereas the said Corporation has on the said _____________________________________
                                                               (Name of all Payees & Surety)
undertaking to enter into with the said corporation a Coaenemt of the nature herein after appearing agreed to pay to the said ________________________________________________
(Name or Names of Payees)

_________________the value of the said Policy viz. Rs_____________ now know yet and these presents witness that in pursuance of the said agreement and in consideration of the said corporation  having agreed to pay the value of the said policy to the said _________________
                                     (Name or Names of Payees)
(the receipt where of  is hereby acknowledged) they the said_____________________________
(Name or Name of Payee/s & Surety)
hereby for themselves, their heirs, executors or administrators  Convenant with the said
Corporation, its successors and assigns that the said _________________________________
 (Name or Name of Payee/s & Surety)
their heirs, executors or administrators will from time to time and at all times save and keep harmless and indemnified the said corporation, its successors and assigns of and from all actions, suits, costs claims and demands of whatever nature and kind so ever which may be instituted, preferred, claimed to be made against the said Corporation, its successor or assignees by any persons or person by reason of his, her, their possession of or right to the said original ______________________________
[ Pol. No. or Assignment Deed Dated]

In witness whereof the said __________________________________________________
(Names of Payee/s & Surety)
______________________________________________________________________________
have here into put their hands at _________________this _________day of  ___________2017.
Signed and delivered by the said __________________________________________________
(Names of Payee/s & Surety)
In the presence of:                                                                            (1)______________________                                                                                     Signature
Full Signature of witness (1)______________________             (2)_____________________
                                Signature
 Designation: ________________________
Signature
Address :_____________________ of surety________________________________________
Full Signature of witness (2) _________________                Designation __________________
Designation __________________                                         Address_____________________
Address: ______________________

Note : If this Bond is signed in vernacular one of the attesting witnesses should be requested to certify that the contents of this Bond were explained to the party in vernacular before execution.