HYDRABAD: As a part of efforts to hurry up the claims settlement course of for these affected by the latest floods in Telangana and Andhra Pradesh, ICICI Prudential Life Insurance coverage stated it has simplified the method with solely three primary paperwork required to be submitted to lift claims.
This can embrace claims lined beneath the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
The insurer stated these elevating claims must solely submit the checking account quantity with IFSC code or copy of a cancelled cheque of the checking account, dying certificates issued by native municipal authorities or the listing of deceased issued by hospitals, authorities authorities or police in case the dying certificates will not be obtainable.
The third doc required is a duplicate of legitimate KYC paperwork reminiscent of PAN Card or Type 60 together with a latest {photograph} and one of many formally legitimate paperwork reminiscent of Aadhaar card, passport, driving licence, voter id, NREGA job card or letter issued by the Nationwide Inhabitants Register.
ICICI Prudential Life Insurance coverage additionally stated that claimants also can increase their claims by way of electronic mail, SMS or the insurer’s web site.
Amish Banker, COO, ICICI Prudential Life Insurance coverage, stated: “We are going to settle all dying claims arising because of this tragedy shortly and on the idea on three primary paperwork. Claims is the second of reality for us, and we’re dedicated to delivering on the guarantees we make to our prospects. That is mirrored in our industry-leading declare settlement ratio of 99.35 per cent in Q1-FY25 with a median declare settlement turnaround time of simply 1.21 days.”
This can embrace claims lined beneath the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
The insurer stated these elevating claims must solely submit the checking account quantity with IFSC code or copy of a cancelled cheque of the checking account, dying certificates issued by native municipal authorities or the listing of deceased issued by hospitals, authorities authorities or police in case the dying certificates will not be obtainable.
The third doc required is a duplicate of legitimate KYC paperwork reminiscent of PAN Card or Type 60 together with a latest {photograph} and one of many formally legitimate paperwork reminiscent of Aadhaar card, passport, driving licence, voter id, NREGA job card or letter issued by the Nationwide Inhabitants Register.
ICICI Prudential Life Insurance coverage additionally stated that claimants also can increase their claims by way of electronic mail, SMS or the insurer’s web site.
Amish Banker, COO, ICICI Prudential Life Insurance coverage, stated: “We are going to settle all dying claims arising because of this tragedy shortly and on the idea on three primary paperwork. Claims is the second of reality for us, and we’re dedicated to delivering on the guarantees we make to our prospects. That is mirrored in our industry-leading declare settlement ratio of 99.35 per cent in Q1-FY25 with a median declare settlement turnaround time of simply 1.21 days.”
