News From Press LIC relaxes claim-settlement documentation process considering covid-19 outbreak

LIC relaxes claim-settlement documentation process considering covid-19 outbreak

It has allowed the submission of alternative proof of death to facilitate speedy settlement of claims where death has occurred in a hospital

Mint May 8, 2021

Amid the second wave of the covid-19 pandemic, and keeping in view the safety of its customers, the Life Insurance Corporation of India (LIC) has further relaxed its claim-settlement procedures. According to a statement issued by LIC on 7 May, it has allowed the submission of alternative proof of death to facilitate speedy settlement of death claims in the prevailing situation where death has occurred in a hospital.

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