Premium
This is an archive article published on June 4, 2023

LIC relaxes claim settlement process for victims of Balasore train accident

To mitigate the hardships of the claimants of LIC policies and also of Pradhan Mantri Jeevan Jyoti Bima Yojana, LIC has announced various concessions for claim settlements.

Life Insurance Corporation of India, Balasore train accident, Coromandel express accident, Odisha train accident, Odisha train derailment, Shalimar Chennai Coromandel Express derailment, indian express“In lieu of registered death certificates, list of casualties published by Railway Authorities, Police or any State or Central Government Authorities will be accepted as proof of death,” the life insurer said in a release.
Listen to this article
LIC relaxes claim settlement process for victims of Balasore train accident
x
00:00
1x 1.5x 1.8x

State-run Life Insurance Corporation of India (LIC) on Saturday announced various reliefs for claim settlements of victims of the triple train accident in Odisha’s Balasore district.

The national insurer said it will expedite claim settlements to provide financial relief to the victims of the train accident.

To mitigate the hardships of the claimants of LIC policies and also of Pradhan Mantri Jeevan Jyoti Bima Yojana, LIC has announced various concessions for claim settlements.

Story continues below this ad

“In lieu of registered death certificates, list of casualties published by Railway Authorities, Police or any State or Central Government Authorities will be accepted as proof of death,” the life insurer said in a release.

LIC has also set up a special help desk at divisional and branch levels to respond to claim related queries and for providing assistance to claimants.

According to the latest report, at least 288 people died and more than 800 were injured after two passenger trains – Coromandel Express and Yesvantpur-Howrah Express, and a freight train collided with one another on Friday night. It is one of the worst railway tragedies of the country.

Stay updated with the latest - Click here to follow us on Instagram

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Loading Taboola...
Advertisement