LIC Helps Cyclone Victims Get Insurance Benefits

LIC Helps Cyclone Victims Get Insurance Benefits
REUTERS


Sure, here is the information about LIC’s relaxations for victims of Biparjoy Cyclone:

  • Relaxations in claiming policies: LIC has announced relaxations in claiming policies for those affected by the Biparjoy Cyclone. These relaxations include waiving of the need to submit medical certificates, extending the claim filing period, and reducing the documentation requirements.
  • Relaxations in Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY): LIC has also announced relaxations in the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) for those affected by the Biparjoy Cyclone. These relaxations include waiving of the need to submit a death certificate, extending the claim filing period, and reducing the documentation requirements.

To avail of these relaxations, affected policyholders can contact their nearest LIC branch.

Here are some of the key points of the relaxations announced by LIC:

  • Waiver of medical certificates: LIC has waived the need to submit medical certificates for claims arising from the Biparjoy Cyclone. This means that policyholders who have suffered any kind of injury or loss due to the cyclone do not need to provide a medical certificate in order to claim their insurance benefits.
  • Extension of claim filing period: LIC has increased the claim filing period for claims arising from the Biparjoy Cyclone. This means that policyholders have more time to file their claims. The extended claim filing period is 30 days from the date of the cyclone.
  • Reduction in documentation requirements: LIC has reduced the documentation requirements for claims arising from the Biparjoy Cyclone. This means that policyholders do not need to provide as much documentation in order to claim their insurance benefits. The reduced documentation requirements include a copy of the policy document, a copy of the claim form, and a copy of the proof of loss.
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LIC has taken these steps to provide relief to policyholders who have been affected by the Biparjoy Cyclone. These relaxations will make it easier for policyholders to claim their insurance benefits and get the help they need.

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