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Obtain a simple copy of a lost policy
In case, a policy document is irrecoverably lost, destroyed or
damaged, you can obtain a simple copy of the policy by making the
payment of Re.1/- only to LIC. Such a copy will serve the purpose
of your obtaining details of the data pertaining to a lost policy,
such as the sum assured, the insurance plan, date of maturity, etc.
When the policy matures, the claim amount can be obtained on the
basis of an indemnity bond. Similarly, you can also surrender a
policy even if the original policy document has been lost.
However, if you need a loan against your policy, then a proper
duplicate policy is necessary against the one that has been lost.
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