Changing name in the LIC records is not that difficult a task as it seems. You can approach the LIC office of your contact and submit certain ID proof documents those which confirm the change or the updated name. A Copy of the address proof can also be submitted. The copies to be submitted can be of attested nature. Also, an affidavit on oath can also be submitted - stating that my real name is so and so and I have never intended to confuse LIC by mentioning Ashish Aggarwal as the name (because its been 15 years that you should have used to rectify such a mistake).
Thereafter, LIC charges a nominal fee for causing such alterations in the policy documents called Quotation fees.
You were a minor at that time. Now approach the the LIC office and fill in the necessary documents and give proof for for your real name and get it changed orelse get a direction from Civil Court/High Court.
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