The Life Insurance Corporation of India (LIC) has taken steps to expedite the claim settlement process for the families of victims of the recent Air India plane crash in Ahmedabad. On June 12th, an Air India flight, AI 171, crashed, resulting in a significant loss of life. In response to this tragedy, LIC, India’s largest life insurer, has relaxed its documentation requirements to facilitate a smoother and more efficient claims process.
According to a statement released by LIC, the company will now accept any evidence of death recorded in government records, as well as compensation paid by the central or state government, or airline authorities, in lieu of a death certificate. This decision aims to minimize the bureaucratic hurdles that the next of kin of the victims may face while trying to settle their claims.
LIC has assured that all efforts will be made to reach out to the claimants and settle their claims as quickly as possible. The company has also invited claimants to contact their nearest branch, division, or customer zone for further assistance. This move is expected to provide some relief to the affected families, who are already dealing with the trauma of losing their loved ones.
The Air India plane crash on June 12th has sent shockwaves across the country, and the response from LIC is a welcome step in providing support to the families of the victims. By expediting the claim settlement process, LIC is helping to reduce the financial burden on the affected families, allowing them to focus on coping with their loss. The company’s decision to relax its documentation requirements is a pragmatic move, given the extraordinary circumstances of the tragedy. As the investigation into the crash continues, LIC’s efforts to support the families of the victims are a testament to the company’s commitment to its customers and their well-being.