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LIC to expedite settlement claims of Odisha train accident victims

By IBNS
Jun 4, 2023 ..

New Delhi: LIC (Life Insurance Corporation) on Saturday announced its commitment to fast-track the settlement of claims to offer financial support to its policyholders impacted by the devastating train accident in Balasore, Odisha.


Expressing deep sorrow for the victims and their families affected by the tragic train accident in Balasore, LIC Chairperson Siddhartha Mohanty on Friday evening said several concessions have been announced to alleviate the difficulties faced by the claimants of LIC policies and the Pradhan Mantri Jeevan Jyoti Bima Yojana, to provide support and relief during this challenging time.

A devastating train collision involving three trains—the Bengaluru-Howrah Superfast Express, the Shalimar-Chennai Central Coromandel Express, and a goods train--in Balasore, Odisha, resulted in the most fatal train accidents in the past twenty years in India.

“In lieu of registered death certificates, list of casualties published by Railway Authorities, Police or any State or Central Government Authorities will be accepted as proof of death. Special Help Desk has been set up at Divisional and Branch level to respond to claim-related queries and for providing assistance to claimants,” Mohanty said in a statement.

All efforts will be taken to ensure that the claimants are reached out and claims are settled expeditiously to the affected families, the statement added.

For further assistance, claimants may contact their nearest branch, division or customer zones, the LIC said.

“The claimants may also call at our call centre - 02268276827,” it added.

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