LIC and Bajaj Allianz Ease Claim Process for Air India Crash Victims

Image Source: Live Law

In response to the tragic Air India plane crash, LIC and Bajaj Allianz Life Insurance have relaxed claim settlement rules to expedite financial relief for affected families. The insurers have simplified documentation requirements, ensuring faster processing for policyholders impacted by the disaster.

Key Highlights:

- Alternative Proof Accepted: LIC will accept government records or compensation documents as proof of death instead of a death certificate.
- Dedicated Support Desk: Bajaj Allianz has set up a special claims settlement desk to prioritize cases linked to the crash.
- Expedited Processing: Both insurers have pledged to reach out proactively and settle claims swiftly.
- Helpline Assistance: LIC has urged claimants to contact their nearest branch or call 022-68276827 for support.

The crash, which occurred shortly after takeoff from Ahmedabad’s Sardar Vallabhbhai Patel International Airport, claimed 241 lives out of 242 onboard. The victims included 169 Indians, 53 British nationals, seven Portuguese nationals, and one Canadian.

LIC and Bajaj Allianz’s swift response aims to reduce bureaucratic hurdles and provide timely financial assistance to grieving families. The move has been widely welcomed, with industry experts noting that simplified claim procedures are crucial in such emergencies.

Source: Telangana Today, Financial Express, Economic Times