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LIC POLICY CLAIM
LIC unclaimed maturity amount at Rs 880.93 crore in FY2024: How to check if there is any unclaimed amount in your LIC policyLIC has unclaimed maturity amounts of Rs 880.93 crore in 2023-24. Over 3.7 lakh policyholders have failed to collect their funds in the fin...
LIC sees red over policy 'trading' by ACESO, to take legal actionThe Life Insurance Corporation of India (LIC) is gearing up for a legal battle against ACESO, a company that buys and assigns LIC policies ...
LIC customers: How to file maturity claim for LIC policy to get your moneyLIC customers have the option to electronically submit their documentation via the LIC site instead of physically submitting it. LIC is urg...
Daughter wins health insurance claim fight against LIC after 8 years, to get Rs 1.6 lakh as against Rs 17,100 paid by the insurerLIC Jeevan Arogya: Life Insurance Corporation of India (LIC) was ordered by National Consumer Disputes Redressal Commission (NCDRC) to pay ...
LIC policy: How to look for your unclaimed and outstanding amountLIC policy: How to look for your unclaimed and outstanding amount
LIC lapsed policy: Get up to Rs 4,000 concession on reviving lapsed LIC policy till this dateLIC’s qualified policies can be reinstated under this special revival campaign, subject to specified criteria and limitations, within 5 yea...
How to apply for duplicate LIC policy bondIf a policy bond is partially destroyed due to natural disasters such as fire or flood, the remaining portion can be returned to LIC as pro...
Biparjoy Cyclone: LIC announces relaxations for victims of cycloneLIC has announced concessions in an effort to ease the suffering of LIC policy claimants and Pradhan Mantri Jeevan Jyoti Bima Yojana recipi...
SBI Life eases insurance claim settlement process for victims of Odisha train accidentTo ensure that the families of the impacted policyholders of the train tragedy receive the required support as well as to provide urgent fi...
LIC allows policyholders to submit maturity claim documents anywhere in IndiaAs per this facility, if a policyholder is in one city and his/her policy documents are in another city, then such documents can be deposit...
LIC policyholders can submit maturity claim documents online till June 30, 2020The policyholders can send the maturity claims and survival benefit requirements by email. The mail should be sent to the servicing branch....
LIC paid more in settling claims than pvt peersThe claims-to-settlement ratio for LIC was at 98.31 per cent, recording a marginal improvement.
- LIC to pay Rs 6.5 lakh for "deliberately" rejecting claim
LIC has been directed by a consumer forum here to pay Rs 6.5 lakh to a widow for rejecting her insurance claim on her late husband's policy...
- Fail to state illness, and you may lose death cover
Not declaring sick leave or ailments in a life insurance proposal provides sufficient ground to reject a death claim years later.
- Insurance claim? Get your commas right
Insurance firm tries to dodge paying amount to accident victim, says one comma in policy meant he was not eligible for claim. Thumb rules o...
- LIC tops in death claims settlement
Percentage of rejected claims to total claims is much higher for private life insurance cos compared with state-owned Life Insurance Corpor...
- Insurance claim cannot be rejected on employer's default: Panel
Life insurance company cannot reject a claim filed by the family of a deceased, if his employer defaults in paying his policy's premium. Ke...