New Delhi: LIC has given a number of relaxations in varied declare settlement necessities to make the processes simpler and problem free within the wake of the present COVID-19 pandemic scenario.
For Annuities with return of capital choices, manufacturing of life certificates is waived for annuities due up to October 31, 2021, moreover accepting life certificates despatched by e mail in different circumstances. LIC has additionally launched Life certificates procurement by video name course of.
Among different services, so as to facilitate speedy settlement of demise claims within the prevailing scenario the place demise has occurred in a hospital, in lieu of Municipal demise certificates, LIC has allowed alternate proofs of demise.
Death certificates, Discharge abstract/Death abstract containing clear date and time of demise issued by Govt/ESI/Armed Forces/Corporate Hospitals and counter-signed by LIC class I officers or Development Officers of 10 years standing together with Cremation/Burial certificates or genuine figuring out receipt issued by the related authority. In different circumstances, Municipal Death Certificate will likely be required as earlier.
To handle the difficulties skilled by policyholders in submitting paperwork required for declare settlement in servicing department, submission of paperwork has been allowed in any close by LIC workplace for due Maturity/Survival Benefit claims.
LIC has additionally enabled on-line NEFT file creation and submission for its clients by buyer portal for speedy settlement.
For availing Online companies like Purchasing Insurance Policies, Payment of renewal premium, making use of for mortgage, reimbursement of mortgage and mortgage curiosity, change of handle, NEFT mandate registration, updating particulars of PAN and so on., policyholders can go online to www.licindia.in.
#mute
