How has LIC supported people affected by Cyclone Biparjoy
Get information on the relaxations announced by LIC for the benefit of people affected by Cyclone Biparjoy.
- LIC has extended the grace period by an additional 30 days for premium payments due in affected areas.
- Policyholders who are unable to pay their premiums due to the damage caused by the cyclone will not be penalized.
- The company has waived the requirement for documents like death certificates for speedy processing of claims of the policyholders who have lost their lives in the calamity.
- Claims will be processed on an urgent basis to ensure timely assistance to the affected people.
- LIC has also set up an emergency help desk to provide assistance to policyholders in affected areas.
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a year ago