IRDAI issues guidelines to expedite settlement of life insurance claims to the victims of flood in Maharashtra

As a result of recent flood there are reports of loss of human lives and loss of belonging in Maharashtra. In order to extend every possible facilitation in quick and timely settlement of life insurance claims, IRDAI has directed life insurers to adopt various measure to expedite claims as viz. to designate a senior level officer as nodal officer, publicize details of nodal officers, special attention to be given to PMJJBY claims, follow simple procedure to expedite claim settlement.As a result of recent flood there are reports of loss of human lives and loss of belonging in Maharashtra. In order to extend every possible facilitation in quick and timely settlement of life insurance claims, IRDAI has directed life insurers to adopt various measure to expedite claims as viz. to designate a senior level officer as nodal officer, publicize details of nodal officers, special attention to be given to PMJJBY claims, follow simple procedure to expedite claim settlement.taxmann.com Latest Statutory HappeningsRead More

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