
LIC simplifies policy settlement process for victims
New Delhi, June 13, - Life Insurance Corporation of India has said that it has simplified the policy settlement process for the victims of the Air India plane crash and has also expedited the process.
New Delhi, June 13, - Life Insurance Corporation of India has said that it has simplified the policy settlement process for the victims of the Air India plane crash and has also expedited the process.
LIC has announced that several concessions have been provided to resolve problems arising during the claim of its policies. Relief given by the Central/State Government or the airline administration as proof of the death of the policyholder in the form of a death certificate will be considered as proof of death.
He said that all possible efforts will be made to resolve the policy claims of the families of the victims. LIC has also issued a helpline number 022-68276827 for the victims. Meanwhile, Bajaj Allianz Insurance Company has also said that special policy settlement desks have been set up to resolve claims for death or damage caused during this accident on a priority basis.
