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.
Life Insurance Corporation of India (LIC) has extended support to the people affected by Cyclone Biparjoy. The company announced several relaxations to help policyholders cope with this natural disaster. Here are some of the measures taken by LIC:
  • 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.
These measures taken by LIC will provide relief to those affected by the calamity and help them cope with the situation.
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