What is the process of Changing Nominee Name in LIC Online?

Key Takeaways

• A nominee is the person who receives your life insurance payout first in case of your death.

• Always choose someone you trust and keep details accurate.

• Update nominee after every major life change—marriage, new baby, or separation.

• For minor nominees, always appoint an adult guardian.

• The process uses Form 3750 and needs a branch visit, even in 2026.

• It applies equally to online term insurance, 1 crore term plan, guaranteed return plan, pension plan, child insurance plan, ulip plan, and all life insurance plans.

• Small effort today gives big peace of mind to your family tomorrow.

Life moves fast when you are between 25 and 55. You build your career, start a family, buy a home, and plan for the future. In the middle of all this, your life insurance plans become your safety net. One small but very important part of every policy is the nominee. Understanding what a nominee really means and how to update their details can save your family from unnecessary stress later.

What is a Nominee in Life Insurance?

A nominee is the person you choose to receive the money from your life insurance policy if something unfortunate happens to you. Simply put, when the insurance company pays the claim after your death, they give the sum assured (the main payout) to the nominee you have named.

The nominee acts as a trusted receiver. In most cases, this is your spouse, children, parents, or a sibling—someone you love and want to protect financially. The insurance company is legally bound to pay the full claim amount to the nominee mentioned in the records. This makes the claim process faster and smoother because the company does not have to wait for court orders or legal heirs to prove their rights.

Important point to remember: The nominee is not the same as a legal heir. A nominee is like a caretaker who receives the money first. If there is a will or other legal heirs, they may have rights over how the money is finally used. But for the insurance company, the nominee is the one who gets the cheque or bank transfer directly. This is why keeping the nominee details correct is so crucial.

You can name one or more nominees and even decide what percentage each person gets. For example, you can say 60% to your wife and 40% to your child. This option is helpful in online term insurance, 1 crore term plan, or any life insurance plans where you want clear distribution.

Documents Required for Changing Nominee (Updated 2026)

Here is a simple table to help you prepare everything in advance:

Step-by-Step Process to Change Nominee in LIC (2026 Latest)

As of 2026, LIC still does not allow fully online nominee change. You can view your current nominee and download forms through the LIC e-services portal, but the actual change needs a branch visit.

• Log in to licindia.in e-services and note your current nominee.

• Download Form 3750 from the official website.

• Fill it carefully with new nominee details.

• Gather all documents from the table above.

• Visit your servicing LIC branch (the one mentioned on your premium receipt).

• Submit everything and get an acknowledgment.

• After 7-10 days, check online again to confirm the update.

The first change is free for policies with sum assured up to ₹75,000. After that, or for larger policies, a small fee (up to ₹100 plus taxes) may apply. You can make this change any number of times during the policy term.

Things to Consider While Changing Nominee Details

Life changes often—marriage, birth of a child, divorce, or even the sad passing of a loved one. When these happen, your old nominee may no longer be the right choice. Here are the key things you should think about before making any change:

• Choose the right person: Pick someone responsible and trustworthy. They should know about the policy and be ready to handle the claim process.

• Multiple nominees allowed: You can name more than one person and mention their shares. This is useful when you have both spouse and children.

• Minor nominee needs an appointee: If your nominee is below 18 years (common in child insurance plan), you must also name an appointee—an adult who will receive and manage the money until the child turns 18. Without this, the claim can get delayed.

• Accurate personal details: Write the full name, date of birth, address, and relationship exactly as they appear in the new nominee’s Aadhaar, PAN, or passport. Even a small spelling mistake can cause problems during claim time.

• Relationship proof: For close family, keep marriage certificate or birth certificate ready if the branch asks.

• No need to inform the old nominee: You do not have to take permission from the current nominee to make a change.

• Effect on policy: Changing nominee does not change your premium, sum assured, or any other terms of the policy.

• Review after major life events: Make it a habit to check and update after marriage, divorce, birth of a child, or if the existing nominee passes away.

Why Nominee Details Matter in Different Life Insurance Plans

Whether you have a simple online term insurance for quick protection, a guaranteed return plan that promises steady money, an investment plan to grow your savings, a pension plan for your retired years, a child insurance plan to secure your kids’ education, a ulip plan that mixes insurance with market returns, or any other policy, the nominee plays the same important role.

In a child insurance plan, many parents name their spouse first and the child as a second option. In a pension plan, you might want your partner to continue receiving income. In a ulip plan or investment plan, the payout can be quite large, so correct nomination avoids family disputes.

Additional Tips for Smooth Process

• Go to the branch early in the day to avoid waiting.

• Keep a photocopy of the endorsed policy bond safe.

• If you have taken a policy loan, clear doubts with the branch officer first.

• For ulip plan or investment plan with market-linked benefits, the same process applies.

• Teach your family about the policy so they know whom to contact later.