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SPEEDY CLAIM SETTLEMENT
New EPF rules: EPFO relaxes mandatory uploading of cheque leaf image, attested bank passbook for these casesEPFO eases the requirement to upload image of a cheque leaf and an attested bank passbook. This move will help to expedite the settlement o...29 May, 2024, 01.06 PM IST- 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...20 Jun, 2023, 03.12 PM IST
- Irdai directs insurers to fast-track claim settlement process due to BiparjoyThe insurers have been advised to communicate the nomination of a senior executive in each affected state / UT to the Chief Secretary/Offic...17 Jun, 2023, 06.20 PM IST
- Max Life Insurance's death claim settlement jumps 33% to Rs 885 crore in FY21The private sector insurer said its claim settlement ratio also touched an all-time high at 99.35 per cent during the year. It represents t...15 Jun, 2021, 05.02 PM IST
- IRDAI asks insurers for speedy claims settlement in areas hit by cyclones Tauktae, YaasGeneral and standalone health insurance companies have also been asked to mitigate the hardships of the affected insured population by ensu...30 May, 2021, 05.01 PM IST
- 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...13 May, 2021, 12.41 PM IST
- LIC relaxes claim settlement requirementsTo address the difficulties experienced by policyholders in submitting documents required for claim settlement in the servicing branch, the...07 May, 2021, 09.15 PM IST
- Currently there are 4.5 crore active EPFO members: Labour minister“The number of active members under EPFO, at present, are 4,50,60,972 (contributing UANs of last three wage months viz. August, 2019 to Oct...25 Nov, 2019, 01.51 PM IST
- Irdai panel suggests host of steps for speedy settlement of insurance claimsThe Irdai had set up a Working Group (WG) to examine and deliberate upon the existing framework for surveyors and loss assessors and make i...10 Mar, 2019, 11.01 AM IST
- Bharti AXA General launches service for fast vehicle claim settlementThe company is aiming to process 20-25 per cent of its total vehicle insurance claims in the first year through the service.04 Mar, 2019, 03.11 PM IST
- Insurers, including SBI Life and PNB Metlife set up helplines for J&K flood victimsInsurers, including SBI Life and PNB Metlife, have set up helpline numbers for J&K flood victims so as to enable easy settlement of death c...17 Sep, 2014, 08.22 PM IST
- Online PF transfer claim settlement to be a reality by August endRetirement fund body EPFO will be able to operationalise the facility of online settlement of provident fund (PF) transfer claims by August...07 Jul, 2013, 03.55 PM IST
- Insurance companies ease settlement norms for Uttarakhand victimsPrivate sector Bajaj Allianz Life Insurance today said it has relaxed claim settlement process for Uttarakhand flood victims.03 Jul, 2013, 10.16 PM IST
- Apply online for PF transfer, withdrawals from July 1: EPFOOver 50 mn subscribers of the retirement fund body EPFO will be able to apply online for transfer and withdrawal of their provident fund fr...18 Apr, 2013, 08.37 PM IST
- ICICI Pru Life launches ClaimCareICICI Prudential Life Insurance on Tuesday launched ‘ICICI Pru ClaimCare’ for consumers to further enhance their claim settlement experienc...23 Jun, 2009, 05.57 PM IST
- Insurance companies to deal with terror cases expeditiouslyWith terrorist attacks getting more frequent in India, insurance cos are introducing a mechanism for speedy processing of claims.03 Dec, 2008, 07.25 PM IST
- Oriental Insurance opens first service centre in MumbaiThe centre was inaugurated by the company's chairman-cum-managing director, M Ramadoss.19 Jun, 2008, 08.21 PM IST
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