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Has anyone claimed LIC maturity amount without KYC as foreign citizen ?
Currently facing a situation where the policy holder is no longer a citizen of india, and does not have any KYC documents - PAN, Aadhaar, Indian bank account etc
As per the LIC agent, the only option is for the policy holder to mail to LIC to give email consent to open an single premium annuity policy, which can be cancelled after 2 years, and even this needs to be done before the policy matures.
LIC customer number only gives the option of the policy holder coming to india and opening a bank account and claim the amount themselves.
Currently facing a situation where the policy holder is no longer a citizen of india, and does not have any KYC documents - PAN, Aadhaar, Indian bank account etc
As per the LIC agent, the only option is for the policy holder to mail to LIC to give email consent to open an single premium annuity policy, which can be cancelled after 2 years, and even this needs to be done before the policy matures.
LIC customer number only gives the option of the policy holder coming to india and opening a bank account and claim the amount themselves.
