Does your LIC Policy cover COVID-19 death claims? Check details here

India is battling the second wave of COVID-19 as cases continue to witness an upward trend. The total number of cases for the first time surpassed the 1.3 lakh mark. While people have been taking necessary precautions to keep themselves safe, they are also looking to insure themselves incase of any future needs.

Under these stressful times, government owned insurance company, Life Insurance Corporation (LIC) has assured customers that it is committed to safety and wellbeing of its customers amid the pandemic. 

“Under the restrictions imposed by various local authorities, our availability at touch points like branches, premium points and call center is getting affected. We request you to bear with us. Our online services are available for you on a 24*7 basis from the comfort and safety of your homes. Please stay home and stay safe,” LIC said in a statement.

The insurance company has also announced that the death claims which arise due to the COVID-19 are being treated on par with other causes of death. 

“Death claim is processed as per the terms and conditions of the Policy. Hence subject to Policy conditions COVID 19 death claims are admissible,” the statement read.

The Nominee can submit death claim intimation, death certificate and copy of policy schedule at the nearest branch office in case it is operational.

In case your nearest branch is non-operational owing to various COVID-19 advisories, you can email death claim intimation, death certificate and copy of policy schedule to the Nodal Person of your zone. 

The company has stated that in such times, it is all the more important a person stays insured and pays their premiums regularly.