Highlights
More than 3 lakh new daily COVID-19 cases.
LIC to facilitate speedy settlement of death claims.
New Delhi: LIC has given several relaxations in various claim settlement requirements to make the processes easier and hassle free in the wake of the current COVID-19 pandemic situation.
For Annuities with return of capital options, production of life certificates is waived for annuities due up to October 31, 2021, besides accepting life certificates sent through email in other cases. LIC has also introduced Life certificate procurement through video call process.
Among other facilities, in order to facilitate speedy settlement of death claims in the prevailing situation where death has occurred in a hospital, in lieu of Municipal death certificates, LIC has allowed alternate proofs of death.