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LIC CLAIM SETTLEMENT
PMJJBY, PMSBY settle claims worth Rs 25,160 cr since their launch in 2015Jansuraksha schemes have settled claims worth over Rs 25,160 crore. Pradhan Mantri Jeevan Jyoti Bima Yojana settled more than Rs 21,500 cro...- PMJJBY disbursed Rs 17,600 crore to families since launch in 2015: LICThe Pradhan Mantri Jeevan Jyoti Bima Yojana is vital for the government's 'Insurance for All by 2047' goal. Launched in 2015, it offers lif...
- Pahalgam tragedy: LIC announces special window for death claim settlements, how to file a death claim with LICPahalgam Terror Attack: Life Insurance Corporation of India has expressed grief over the loss of lives in Pahalgam and announced a special ...
- 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...
- 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...
- LIC announces relaxations for victims of Biparjoy CycloneNodal officers have been nominated at Divisional level to liaison with Chief/Secretary/Officer concerned of the State Government in this re...
- 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 death claim settlement: LIC announces relaxations for victims of Odisha train accidentLife Insurance Corporation of India (LIC) has declared relaxations for the Balasore railway catastrophe victims and will expedite claim set...
- LIC pension policyholders can submit life certificate via emailLIC has also has relaxed the death claim settlement process. To allow speedy settlement of death claims in the prevailing situation where d...
- LIC relaxes claim settlement requirementsTo address the difficulties experienced by policyholders in submitting documents required for claim settlement in the servicing branch, the...
- 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...
- IRDAI annual report: LIC's claim settlement ratio deteriorated in FY20 to 96.6%The life insurance industry in total paid 8.46 lakh claims on individual policies, with a total payout of Rs 18042 crore in the FY20, data ...
- 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 step up services in Hudhud-hit Andhra Pradesh, OdishaLIC has eased the procedure for settlement of claims on the lives of the victims of cyclone Hudhud in Andhra Pradesh and Odisha.
- LIC eases claims settlement rules for Jammu and Kashmir flood victimsLIC has set up special help desk at Srinagar divisional office and Northern zonal office at New Delhi to facilitate expeditious settlement ...
- LIC's claim settlement better than private insurers: Irda"The claim settlement ratio of LIC was better than that of the private life insurers," Insurance Regulatory and Development Authority said ...
- LIC's record of paying claims better than private insurers: IRDALife Insurance Company (LIC) has better record of paying death claims than that of private life insurers, said regulator IRDA in its latest...
- LIC lays claim to no.1 spot in settlementsLife Insurance Corporation remained well ahead of private rivals in living up to the purpose of insurance by settling 97.03% of claims in 2...
- LIC performs better than private life insurance cos in settling claims: IRDAThe Insurance Regulatory and Development Authority has said that the Life Insurance Corporation of India has performed better in terms of c...
- LIC tops in death claims settlementPercentage of rejected claims to total claims is much higher for private life insurance cos compared with state-owned Life Insurance Corpor...
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