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Life Insurance - Who should sign the Discharge Voucher of LIC under varying circumstances?
Form of discharge in respect of a maturity claim under different circumstances:
Circumstances
Who should sign the Discharge Form
Policy on own life which has not been assigned
The life assured
Joint Life policy which has not been assigned
Both the lives assured
Policy which has been conditionally assigned
Both the assignor and the conditional assignee
Policy which has been absolutely assigned
The absolute assignee
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