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Thread: Switching LIC Market Plus 1

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  1. #1
    Moderator CONFUSED's Avatar
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    Apr 2009
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    Mumbai
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    Quote Originally Posted by jobyvjohn200 View Post
    Hi,

    I have a LIC market Plus 1 policy. I want to switch between funds. Is it possible? If so what I have to do? I am not in a position to visit any branch.

    Regards,
    Joby.
    I am not sure about LIC, but in general following is the standard -

    1. You will need to complete a Fund Switch form
    2. Fill Policy No. and Exact details of fund switching details e.g. the fund you wanted to exit and the fund you wanted to enter.
    3. Sign it and Send it back or submit to the insurer.
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    I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.

  2. #2
    PolicyWala Newbie
    Join Date
    Oct 2010
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    Kochi
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    Quote Originally Posted by CONFUSED View Post
    I am not sure about LIC, but in general following is the standard -
    1. You will need to complete a Fund Switch form
    2. Fill Policy No. and Exact details of fund switching details e.g. the fund you wanted to exit and the fund you wanted to enter.
    3. Sign it and Send it back or submit to the insurer.
    Dear Confused..,

    Whether I have to get the form from LIC branch.. Or is it available on net

    Thanks & Regards,
    Joby

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