Air India plane crash: LIC relaxes claim settlement process for victims

Life Insurance Corporation of India (LIC) on Friday said it has relaxed its claim settlement process for Air India plane crash victims and also expedite the process.

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NEW DELHI:

The corporation said it is committed to supporting those affected in the plane crash and will expedite claim settlements for the victims.

"LIC has announced many concessions to mitigate the hardships of the claimants of LIC policies. In lieu of death certificates, any evidence in government records of death of the policyholder due to the plane crash or any compensation paid by central/state government/airline authorities will be accepted as proof of death," the insurance company said in a statement.