INDIA – Life Insurance Corporation relaxation for flood victims at Uttarakhand

The authorities of Life Insurance Corporation (LIC) have decided to give relaxation to the policyholders affected by the natural calamity in Uttarakhand. 

If death of insured person was caused in the floods or landslides in Uttarakhand, no investigation would be done and a payment up to Rs. 10 lakh would be assured by the branch offices.