LIC again Show their Generosity For Jammu and Kashmir Flood affected people.

LIC already doing many welfare works and also they had shown there generosity in Uttarakhand flood in 2013.Again LIC has come up to support all flood affected people in Jammu and Kashmir.That's why LIC  is called as an Insurance Giant and  LIC  comes to everyone's mind when thinking about insurance.It's a considerable thing that LIC's premium is high as comparison to other company but we can never ignore that if LIC take high premium than return is also guaranteed.
                                                                                                              LIC  has arranged a camp in Srinagar for easing the claim settlement of all flood effected person who is policy holder of LIC.Also LIC set up a special help desk in Jammu and Kashmir for expeditious claim processing.LIC has extended concessions and relaxations to claimants with respect to settlement of death and disability benefit claims, the largest insurance company said in a statement. 

"These concessions are in the nature of simplified death claim settlement, proof of death or missing, loss of policy document etc, similar to concessions and relaxations extended to the victims of floods and landslides in Uttarakhand in June 2013," it said. 

In addition, for policyholders residing in the flood affected areas, LIC has extended waiver of interest on the overdue premium, it said.