LIC eases claim settlement norms for Tamil Nadu customers

Image
Press Trust of India New Delhi
Last Updated : Dec 07 2015 | 7:28 PM IST
Country's largest insurer LIC has extended concessions and relaxations to policyholders affected by the floods in Tamil Nadu and Puducherry.
LIC has eased the procedure for settlement of claims on the lives of flood victims who are policyholders, the insurer said in a statement.
"These concessions and relaxations are in the nature of simplified procedure for death and disability claim settlement, loss of policy document claim settlement on the lives of 'missing' persons etc, similar to the concessions extended to the victims of floods and landslides in Uttarakhand in June 2013, flood disaster in J&K in September 2014, Cyclone in Andhra Pradesh and Odisha in October 2014 and Nepal disaster in April 2015," it said.
The recent floods in Tamil Nadu and Puducherry have caused injury and loss of lives on a big scale.
In a separate statement, PNB MetLife said it has set up a dedicated claims helpline for the Tamil Nadu flood victims with Toll free number 18004256969 in an effort to provide relief and assistance to the victims.
PNB MetLife has streamlined the claim process for the aid of flood-affected customers where easy alternatives to the standard documents can be submitted.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 07 2015 | 7:28 PM IST

Next Story