Highlights
More than 3 lakh new daily COVID-19 cases.
LIC to facilitate speedy settlement of death claims.
New Delhi: In the wake of the second wave of the COVID-19 Pandemic, Life Insurance Corporation of India (LIC) has come out with various relaxations in different claim settlement requirements to make the processes easier and hassle free for its policy holders.
India is facing the world's worst outbreak of COVID-19 cases with more than 3 lakh new daily COVID-19 cases being reported for two weeks now and the new cases reached more than 4 lakh new daily cases over the weekend.
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, Life Insurance Corporation of India has allowed alternate proofs of death.