Excelsior Correspondent
JAMMU, Sept 17: The LIC has extended concessions for flood hit people in the State. The floods in the State have caused massive loss of property and infrastructure. Many have lost their lives and many more are feared missing. These include local residents and also others who are tourists to those areas, a handout issued by LIC here, today said.
It said LIC has extended concessions and relaxations to claimants in respect of settlement of death and disability benefit claims. These concessions are in the nature of simplified death claim settlement, proof of death / missing, loss of policy document etc. similar to concessions and relaxations extended to the victims of floods & landslides in Uttarakhand in June 2013, it added.
In addition, for policyholders residing in the flood affected areas, LIC has extended waiver of interest on the overdue premium, the release said.
LIC has set up Special Help Desk at Srinagar Divisional Office and Northern Zonal Office at New Delhi to facilitate expeditious settlement of claims, it added.
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