LIC relaxes terms & conditions for flood victims

Kozhikode: The Life Insurance Corporation has relaxed the terms and conditions for insurance services for flood victims. The claim will be granted if the name of the insured person is in the government's list of flood victims. In view of the floods, they are celebrating the Insurance Week as Service Week. LIC has informed that a special counter will be operating in all its offices across the state for those who have lost their documents in the deluge. There will be no penalty for the delayed payment of the premium in August.

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